Industrial investment with established tenant

7/75, Ellice Road, Forrest Hill, North Shore City

Price On Application

Proposed Usage
Office
Floor Area
782.00 m²
Description:
Property ID
1bssj1g

A passive investment with a tenant who has been successfully operating for over 29 years - 16 of these years have been in this building located at 75G Ellice Road. This opportunity suits those looking to pump up their portfolio, rental growth is available in the near future.
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This solid concrete block constructed building in Ellice Road is on the northern fringe of Wairau Valley's increasingly popular business park. This location is in close proximity to northern and southern motorways with Tristram Ave as the access point.
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Features:
* Recently renewed 4 year lease from 19 November 2016
* Further options to extend the current lease term
* $86,400 net rental
* Rental growth availability

* Warehouse 489.6sqm
* First floor office 202.4sqm
* Ground floor office 90.5sqm
* Total floor area 782.5sqm
* 14 carparks
* Dual roller door access
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For Sale by Deadline Private Treaty (unless sold prior)
Closing 4pm, Thursday 4 May 2017
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Call the Sole agent to register your interest!

Enquire about this property

Forrest Hill Area