Colliers is pleased to present 24C William Pickering Drive, Albany — a premium industrial investment opportunity in one of Auckland’s most tightly held and desirable industrial precincts.
This modern 846 sqm (approx.) industrial facility is constructed in tilt-slab and features a high-quality office fit-out, delivering a low-maintenance, hands-off investment solution. The building offers an efficient configuration with a high warehouse ratio and benefits from an elevated, high-profile position on William Pickering Drive, a key arterial route through Albany’s established industrial hub.
The property is fully leased to Glass Vice Products, a well-established multinational tenant that has occupied the premises since 2013. A brand new 5-year lease has just been secured, returning $190,000 per annum + GST + Opex, providing immediate, stable income from day one. The tenant’s long-standing commitment to the site underpins the strength and security of this investment.
Opportunities of this calibre — combining location, building quality, and tenant covenant — are rarely available. The property is seriously for sale and represents an exceptional chance to secure a quality industrial asset with strong underlying fundamentals.
For further information or to arrange a private inspection, contact the Sole Agents at Colliers.
Jack Tuson
027 448 1148
Matt Prentice
021 464 904
Features:
- New 5-year lease in place
- $190,000 pa + GST + Opex
- Long-standing, established multinational tenant
- Elevated, high-profile position
- High warehouse-to-office ratio
- Modern office fit-out
- 12 on-site car parks
- Excellent access to Northern & Northwestern motorways
- Zoned: Business – Light Industry
More information: https://www.colliers.co.nz/p-NZL67035446