Key Features:
- Two industrial buildings on separate titles with development potential
- 5 Beach Road offers long-term income of $903,845pa from Fletcher Steel
- 21 Beach Road returns $1,314,043pa until June 2026, then vacant, with strong potential for rental upside
- Suitable for add-value investors, developers, owner-occupiers and tenants
The offering at 5 & 21 Beach Road represents a rare opportunity to secure a substantial industrial landholding of scale in the heart of Ōtāhuhu’s logistics and manufacturing precinct. With the existing tenant at 21 Beach Road vacating upon lease expiry, the property opens the door for occupation, redevelopment or repositioning to increase the currently conservative rentals.
Improved with over 22,750sqm of factory and warehouse space, the buildings present to a functional standard with good yard allocation and recent reroofing. Zoned Business – Heavy Industry, the site suits a wide range of industrial users, with the added upside of low site coverage enabling future intensification. Available for sale individually or together; 21 Beach Road can also be leased.
Sunil Bhana
021 938 660
sunil.bhana@bayleys.co.nz
Mike Houlker
021 954 927
mike.houlker@bayleys.co.nz
James Valintine
021 032 71868
james.valintine@bayleys.co.nz
