Property listing ID: 4124087
Barfoot & Thompson Commercial is proud to bring 35 Woodside Avenue, Northcote to the market: a Freehold, standalone two-level commercial building on a 1,005m² site, with three income-producing tenancies and a total net income of $162,400 per annum + GST. Communication Test Solutions has signed a brand-new five-year lease with a further five-year right of renewal and fixed annual rent increases. The recently upgraded building combines office accommodation, a workshop and separate storage space, with eight on-site car parks. The offices have great natural light and high-stud character space that tenants value. Seismic strengthening to a minimum of 70% NBS was completed in 2022. Located about 10 minutes from Auckland CBD and 1.5km from the Northern and Southern Motorway ramps, with bus services a short walk away, this is a well-positioned asset for investors seeking secure income in an established Northcote commercial pocket. KEY FEATURES: • 1,005m² Freehold title, zoned Business - Light Industry • Approximately 705m² standalone building, recently upgraded • Total net income of $162,400 per annum + GST • Communication Test Solutions on a brand-new five-year lease with fixed annual rent increases • Light-filled, high-stud character office space • Seismic strengthening to a minimum of 70% NBS, completed in 2022 Contact the sole agents today to request further information or arrange an inspection.
Listed by Barfoot & Thompson , Rex Fowler (North Shore Commercial) , Craig Watson (North Shore Commercial)