Invest Then Occupy At Reduced Rentals

Wiri, Manukau City

By Negotiation

Proposed Usage
Floor Area
13700.00 m²
Land Area
13700.00 m²
Property ID

- Current net rental circa $648,000 from short and long-term tenants with plenty of upside
- 13,700sqm of high-stud warehouse/factory/office complex
- Huge yards on 4ha site giving development potential
- Expect exceptional buy - vendor has invested in large new project

The property comprises an office and industrial development in four separate buildings on a large well located level site in Wiri. There are various tenancies with a total gross rental slightly over $1,104,000.

The opportunity exists for an owner occupier (approximately 5,224sqm office, warehouse and large yard available now), (see building and yard inside fine red lines) or investor to purchase the property and add considerable value. The property has future development potential. An owner occupier would benefit by substantially reducing its rent below market value.

Motivated, flexible vendors are offering leasehold interest for sale at a high yield.

Tenders Close
(unless sold prior by Private Treaty)
4pm, Thursday 5th December, 2013
1 Allens Road,
East Tamaki,

Enquire about this property

Wiri Area