Great Frankton Industrial Investment
Genuine returns from established tenant.
Two units on separate unit titles featuring two leases to one long term entity.
Favourable Earthquake Report now available.
Two Individual Unit Titles - these units have been the home of Waikato Wardrobes for a number of years and provide them with ample warehouse, mezzanine, offices and showroom space. Dual front and rear door access to the units providing ease of access.
A combined income of $65,905.50 net pa + outgoings and GST.
Unit 3 returning $30,740 and Unit 4- $35,165.50 net per annum + outgoings and GST each.
Bricks and Mortar are always a sound investment, combined with a long-term tenant, and returns better than Bank Rate - make for a sound investment.
These investment units are For Sale - Motivated Vendors seek offers around 6% return.
Phone the sole agent Anne-Marie Brown for further details.
More information: https://www.colliers.co.nz/p-NZL67033004