Colliers is pleased to present 24C William Pickering Drive, a premium industrial investment opportunity located in the heart of Albany’s established industrial precinct.
This modern 846 sqm (approx.) building features tilt-slab construction and a high-quality office fitout, providing a low-maintenance solution for investors seeking a hands-off asset. The property offers a functional configuration with a high warehouse ratio and sits in a prominent position on William Pickering Drive — a well-known arterial route within one of Auckland’s most desirable industrial areas.
Currently, the property is tenanted by Glass Vice Products, a well-established multinational company that has occupied the building since 2013. A brand new lease has just been signed, returning $190,000 pa + GST + Opex, offering immediate and reliable cash flow from day one. The tenant’s long history at the site reflects their commitment to the location and adds further confidence in the security of the investment.
This is a rare opportunity to secure a quality industrial asset in a tightly held location, with strong fundamentals and an excellent tenant covenant.
The property is seriously for sale. Don’t miss out — contact the sole agents at Colliers today for further information or to arrange a private inspection.
Jack Tuson 027 448 1148 I Matt Prentice 021 464 904
Features:
- New 5 year lease!
- Returning $190,000 pa + GST + Opex
- Longstanding established tenant
- Total building area 846sqm (approx.)
- Elevated & high-profile position
- High warehouse ratio
- Modern office fitout
- 12 onsite carparks
- Excellent access to the northern and north western motorways
- Zoned - Business Light Industry
More information: https://www.colliers.co.nz/p-NZL67035446
