This industrial property is in a very popular location. To be fully tenanted and available to the savvy investor. Two strong tenants provide flexibility of risk and return. Main tenant is an international operator and the other a national company.
A mix of warehouse and office space with separate tenants.
Total floor area - 462sqm
Warehouse - 342 sqm Office - 113sqm
EQ repairs complete. NBS 67%
Existing owner to become the main tenant with a new 3 x 3 x 3 x 3 year lease.
Annual rent roll to be $48,732pa plus GST and Outgoings.
Great popular location off Hayton Road with good sunny aspect and easy access. Supported by 8 carparks out front.
Location is well supported by fuel, food and shopping facilities (Wigram Skies) within close proximity.
Property to be auctioned Wednesday 30th October at 10am.
Call the sole agents Mike Drummond now on 021 2374606 and Cindy-Lee Sinclair on 027 488 8616 to view and register your interest.
Tenancy 1: Area Sqm: 975, Commencement Date: 01 October 2017, Expiry Date: 30 September 2022, Rental net/gross p.a.: 15000, Rights of Renewal: One of two years, Tenant Name: BAS Securities Limited, Term (years): 2