7% PLUS YIELD

62, Hunua Rd, Papakura, Papakura

Price On Application

Proposed Usage
Industrial
Floor Area
5412.00 m²
Land Area
9903.00 m²
Description:
Property ID
1c14mx6

This exceptional industrial investment is tenanted by a long standing and well established engineering company, committed to the expansion of Auckland.

Located in one of Auckland’s fastest growing regions the offering features a total of 9,903 sqm of land over two titles, with three access points from Hunua Road, Croskery Road & Berlane Place. The total net lettable floor area of 5,412 sqm is split over three modern industrial buildings. The property also caters for ample onsite staff carparking as well as parking for customers/visitors.

An eight year lease that commenced on the 1st November 2015 is currently returning $681,090.00 plus GST and outgoings, a favourable rent review provision ensures steady growth though the term of the lease.

Key Features
- Modern 5,412 sqm total building area
- Total land area of 9,903 sqm on two titles
- Long established, solid tenant.
- Located in a well-established industrial location with the wider Papakura/ Drury area set for enormous growth.

Be part of this new city growth story. Call today for more information.

For Sale by Deadline Private Treaty Closing Wednesday 7th March 2018 at 4:00pm (unless sold prior)

Enquire about this property

Papakura Area