FAULTLESS INDUSTRIAL INVESTMENT - Industrial / Office / Warehouse For Sale
Rarely do such exceptional Investment opportunities like 4 Nandina Avenue come to the market.
This standalone property of 1,141m² sits on a generous 2,061m² Freehold site. The warehouse provides two roller doors allowing good access to the building, one of which backs onto a secure rear yard.
The air-conditioned two level office provides good natural light and amenities both up and down.
The property has recently had a significant refurbishment to the façade and ground floor office area. The façade gives the road frontage property huge street appeal!
The property has a well-established tenant who signed a new 7 year lease in August 2017. The current rental is $137,000 pa + outgoings + GST with rent reviews two yearly to market and further rights of renewal in place.
The property boasts a 100% IEP rating which is A+.
The location of this property is right in the heart of East Tamaki, close to both Ti Raku Drive going East and Harris Road and Highbrook Drive going North and South. Nandina is a popular street with attractive buildings of similar age and quality.
This is a tick all boxes opportunity. One that will be well sought after.
Astute Investors looking for quality property should inspect.
Call us today for a full information memorandum and to arrange a viewing time.
|Occupant||Term||Net Annual Income|
|Deejays Limited||7 years from 1 January 2017||$137,000 net p.a. + GST|
|Price||<b>Auction to be held at 11am at Level 27, 151 Queen Street, Auckland Wednesday, 2 May 2018 (Unless sold prior) Tenanted Investment</b>|