Immaculate Industrial Investment

35, Atkinson Avenue, Otahuhu, Auckland City

Price On Application

Proposed Usage
Industrial
Floor Area
520.00 m²
Land Area
1095.00 m²
Description:
Property ID
1bzsn88

This motivated vendor has just completed a comprehensive refurbishment, and it is now ready to passed on to a new astute buyer. For Sale by Deadline Private Treaty, closing 4pm 9th November 2017 (unless sold prior). Call now to register your interest.

35 Atkinson Avenue has just undergone a major refurbishment offering an excellent investment opportunity. Four separate tenancies offer 525sqm (approximately) of floor area, including an immaculately presented Road frontage unit which is currently vacant (but not for long), providing an opportunity for an owner occupier.

The property currently returns $62,400 net pa + GST, with market rent around $97,000 net pa + GST.

The large freehold Business Mixed Use site provides numerous add value and development opportunities in the future, making this property a great medium or long term hold.

- Recently refurbished industrial with 4 tenancies
- Currently returning $62,400 net + GST, plus $35,000 (approx) from the vacant road front unit
- An excellent investment or owner occupier opportunity
- Seismic IEP rating of 70%
- Favourable Business Mixed Use land offering significant future upside

Call the sole agents now to secure this outstanding property.

Enquire about this property

Otahuhu Area