Multi-tenanted industrial investment

17, Ashfield Road, Wairua Valley, North Shore City

Auction

Proposed Usage
Industrial
Description:
Property ID
1c11x5g

- Currently returning $75,600pa + GST and outgoings
- Five separate industrial units on one title
- A grade seismic rating of 90%
- Easy access to the Northern Motorway (SH1) via the Tristram Interchange
- The building area is 692sqm (Approximately); land area is 1,017sqm (more or less)
- Light industry zone under AUP (OP)

Offered to the market for the first time since 1985, this property represents a rare opportunity to purchase in a tightly held area.

Having multiple tenants, a fee-simple title and being located in the popular Wairau Valley industrial estate, which is a high demand, low vacancy area, the property provides profoundly good real estate, so is ideal for all investors and family trusts looking to invest in a property with an upside in the near future.

Additionally, one of the units is on a month by month lease, so could be used by the new owner for their own small business - or storage of personal effects. Multi-tenanted industrial investment properties, on a fee-simple title especially with significant rental upside rarely come available - so don't hesitate to call for further information.

For sell by Auction (Unless sold prior)
11am, Wednesday 7th March 2018
Bayleys house, 30 Gaunt Street,
Auckland, New Zealand

Enquire about this property

Wairua Valley Area