CLASSIC SPLIT RISK INDUSTRIAL INVESTMENT

B/156, Main Road, Kumeu, Rodney

By Negotiation

Proposed Usage
Industrial
Floor Area
1000.00 m²
Description:
Property ID
1brztrl

Coming to the market in the tightly held Main Road, Kumeu Commercial Precinct, is a Split Risk Investment that is not to be missed which would fit in any astute investment portfolio.

Sought after, low maintenance, cost effective with desirable tenancy sizes in a superb growth location - The Property at 156B Main Road, Kumeu comprises a valuable commercial holding being Stratum in Freehold but is standalone, office/warehouse/mezzanine with excellent yard/car parking provision offering superb functionality. The total building net rentable area is Approx. 1,000m² (including mezzanines) on 1/6th share of 2.1243 hectares of land.

Fully leased by five tenants with functional industrial design, it currently returns a conservative gross rental of $106,457.54 + GST.

KEY FEATURES
• Main Road location
• Total Size Approx 1,000m² (including mezzanine)
• Fully tenanted and conservatively rented with long established tenants currently returning $106,457.54 + GST gross
• Sought after very low vacancy location
• Nearby and neighboring sites currently being actively developed and occupied by branded operators
• Auckland Council is investing heavily in the northwest region to facilitate the development of Kumeu as an urban commercial and retail centre, to support Auckland's growing population as it expands westward; Which further underpins the location as one of real potential and demand

Information Pack available upon request.

FOR SALE BY DEADLINE PRIVATE TREATY - Thursday 23 February 2017 at 4:00pm

Enquire about this property

Kumeu Area