With modern presentation and dual frontages this showroom and warehouse property is an ideal family trust type of investment. Western Petone is perennially popular with a wide range of trade supply, auto trade, light manufacturing and a myriad of other uses. Vacancy rates are low and rent growth has been strong for many years.
The property is leased to national auto parts business, Partmaster. The lease has some 5 years to run and the rent is indexed to the CPI.
Astute investors will recognise the rarity of this type of listing and contact the brokers immediately to obtain due diligence material and arrange inspections.
For more information or to arrange an inspection contact:
Kieran Lennon 021 137 1472 kieran.lennon@colliers.com
Tim Julian 021 488 029 tim.julian@colliers.com
*Please note all areas and values are approximate only.
Features:
- Net Rent $97,595.61 p.a +GST
- Dual frontages
- Prime Petone location
More information: https://www.colliers.co.nz/p-NZL67036041
