SPLIT RISK INVESTMENT

Property listing ID: 88433

Floor area
1810m²
Price / method
Sold October 2022

20C Arwen Place is an exceptionally well-presented industrial building. The building comprises 1,836.60m² of office/showroom/warehouse with road frontage onto Arwen Place. The building has a new roof, skylights and two new roller doors. The offices are air-conditioned and have been recently painted. A new carpet has been installed, and the office has a mixture of partitioned spaces and open plan areas. The warehouse has a stud height of six metres and the area is accessed by four roller doors - two at the front and two at the rear of the property. KEY FEATURES: • 229m² first floor office • 1,276.8m² warehouse plus amenities • 162m² mezzanine floor • 163.7m² ground floor office/amenities • 29m² rear storage, previously used for dangerous goods • 1,861.60m² (more or less) total floor area • Light Industry zoning • Two tenancies with rental of $221,340 + outgoings and GST • Three year lease term from August 2020 • This investment has room for rental growth For more information please contact the agents listed.

Listed by Barfoot & Thompson , Katie Wu (South Auckland Commercial) , John Bolton (South Auckland Commercial)