Top Drawer Strategic Investment - Industrial / Land/Development Site For Sale
Located in a prime position on Neilson Street Onehunga with 160m of road frontage, this quality investment provides income with development upside in the long-term.
Leased to an "A grade" tenant with over 8 years remaining on their initial term and returning $757,209 pa net + gst and outgoings, this is a top drawer investment in a truly strategic location.
Set on a 2.0324 hectare site, this property comprises 2,042.62m² of net lettable area and a substantial 16,385m² yard. The improvements include two industrial buildings and two purpose built structures. The site which is zoned light industry has approximately 10% site coverage.
|Occupant||Term||Net Annual Income|
|Transportation Auckland Corporation Limited (Infratil)||15 years (from 01/11/2011)||$757,209 pa net (+ GST) & outgoings|
|Price||<b>For Sale by Deadline Private Treaty closing at 4:00pm 2 May 2018 (Unless sold prior) Tenanted Investment</b>|
|Floor||2,042.62 m2. Hectares.|