For sale by deadline private treaty closing 12:00pm, Thursday 30 June 2022 (unless sold prior) at Ground Floor, RSM House, 62 Highbrook Drive, East Tamaki.
Barfoot & Thompson Commercial are delighted to present this multi-tenanted investment, which lies on a freehold site with excellent profile. This investment should suit those looking to spread their exposure over multiple income sources.
The 709m² building is split into four individual units occupied by three separate tenants with each unit having access to its own services. The low site coverage (35%) offers ample car parks and allows for easy truck maneuvering. The rectangular-shaped 2,000m² site has a 35 metre street frontage on Markedo Place which is strategically located between two major arterial roads, Hunua and Dominion Road.
KEY FEATURES: • Floor area 709m² • Site area 2,000m² • New leases • WALT 3.33 years • Passing income $144,000 p.a. + OPEX + GST • Excellent yard and parking (20+) • Fully fenced • Sought after warehouse to office ratios • Business - Heavy Industry zoning
The Papakura industrial precinct has seen increased demand due to its improved roading infrastructure and proximity to a well-established labour force. Located approximately 35km south of Auckland CBD and 3km from Auckland Airport; Papakura, Takanini and Drury are increasingly regarded as Auckland's fastest-growing industrial hubs.