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Top Drawer Strategic Investment - Industrial / Land/Development Site For Sale

Top Drawer Strategic Investment - Industrial / Land/Development Site For Sale
Top Drawer Strategic Investment - Industrial / Land/Development Site For Sale
Top Drawer Strategic Investment - Industrial / Land/Development Site For Sale
Top Drawer Strategic Investment - Industrial / Land/Development Site For Sale
Top Drawer Strategic Investment - Industrial / Land/Development Site For Sale
Top Drawer Strategic Investment - Industrial / Land/Development Site For Sale
Top Drawer Strategic Investment - Industrial / Land/Development Site For Sale
Top Drawer Strategic Investment - Industrial / Land/Development Site For Sale

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by Paul Jarvie Views 0
Land
2.03 Hectares.
POA
For Sale by Deadline Private Treaty closing at 4:00pm 2 May 2018 (Unless sold prior)    Tenanted Investment
168639

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.

Features

  • Quality tenant
  • Returning $757,209 net pa + GST
  • Long term lease
  • 2 hectare site
  • Strategic location
  • Long term redevelopment
  • Occupants

    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.
    Land 2.03 Hectares.
    View by appointment.

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