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 / email@example.com Katie Wu - 027 230 7895 / firstname.lastname@example.org