2/85 Ben Lomond Crescent East Tamaki | Barfoot & Thompson

2/85 Ben Lomond Crescent, East Tamaki

For sale by negotiation

HIGH PROFILE INVESTMENT


For sale by Deadline Private Treaty, closing 4:00pm on Friday 11 October 2019 at GF, Building 5, 60 Highbrook Drive, East Tamaki (unless sold prior).

The property comprises a well appointed, functional industrial facility occupying a prime position fronting Cascades Road.

The location is hard to match with a large residential catchment a stone's throw away in Auckland's eastern suburbs of Pakuranga, Botany and Howick. The arterial route of Ti Rakau Drive provides a direct link to the East Tamaki precinct and the Southern Motorway.

The building itself comprises 611m² and is split into two separate tenancies.

The head tenant, being The Christmas Cake Company, occupies 503m² on a new six year lease paying $72,595 pa + outgoings and GST. The space is a mixture of high stud warehouse, tidy office and amenities and food grade bakery area.

The secondary tenant is a long-standing commercial garage occupying 108m² on a new three year lease paying $18,800 pa + outgoings + GST.

Investment highlights:
• Total income $91,395 pa + outgoings + GST
• 611m² GFA
• 17 dedicated car parks
• 90% IEP rating (available on request)

For more information or to arrange a viewing, contact:
Nikolai Vulinovich - 021 283 8180 / n.vulinovich@barfoot.co.nz
Katie Wu - 027 230 7895 / katie.wu@barfoot.co.nz
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Property details

Location:
2/85 Ben Lomond Crescent, East Tamaki
Property ID:
82048

Call Nikolai & Katie

Nikolai Vulinovich
Katie Wu

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