MODERN INDUSTRIAL WAREHOUSE

Property listing ID: 90299

Floor area
1526m²
Land area
2898m²
Price / method
Sold June 2023

The property comprises a modern industrial building providing 1,526m² warehouse accommodation and associated offices and amenities. The property is well-presented and provides clear-span warehousing with multiple bays and roller door access points. Situated in Takanini, a well-established industrial area of South Auckland, this area enjoys close proximity and easy access to the Southern Motorway including the upgraded connection to the airport. The property returns $213,484 p.a. from a three year lease to RSE Limited, a company which specialises in installation of entertainment systems for motorhomes, caravans, and boats. The Auckland industrial market is highly constrained with very low vacancy rates and has provided above average returns over recent years with demand for space exceeding supply. Opportunities to secure an affordable, modern industrial building in a well-established area are rare. This opportunity is not to be missed. • Modern industrial warehouse • 1,526m² warehouse and offices • 2,898m² site zoned Heavy Industry • $213,484 p.a. plus GST and outgoings • Established industrial area • Call now for more details

Listed by Barfoot & Thompson , John Stringer (City Commercial) , Wayne Muir (City Commercial)