Add Value In New Lynn Industrial Precinct

12, Stock Street, New Lynn, Waitakere City

Auction

Proposed Usage
Industrial
Floor Area
659.98 m²
Description:
Property ID
1c01qh2

New Lynn is undergoing a transformation as part of the Auckland City redevelopment programme and demand in the area is increasing steadily with opportunities to buy in the tightly held New Lynn Industrial Precinct, very rare.

The building has an attractive facia and gable roof line typical of its seventies era construction, the overall condition of the building looks to be very good.
There are 8 car parks located conveniently at the front of the building, a warehouse door at the western end of the building and the main entrance to the building centrally located which services the current dual tenancy set up.
The business light industry zoning appears fairly flexible and allows a number of uses with additional add value and future development possibilities.
The building is being offered for sale partially tenanted which provides savvy investors the opportunity to add value and owner occupiers the chance to purchase their own building in this popular area with the added benefit of rental income.
+ Add value opportunities
+ Rare offering
+ Attractive building
+ Rental income
+ Floor area circa 660sqm
+ 8 carparks


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New Lynn Area