Investment Highlights;
- Established tenant Tyre City Albany, a reputable long-term occupier providing reliability and stability
- Secure rental income $98,000pa + GST and outgoings with upside on market reviews
- Rental bond in place, offering additional security to investors
- Excellent connectivity to Northern & Western Motorway links and major arterial routes
- Well presented and functional premises designed to appeal to a broad tenant base
- Low-maintenance, hands-off investment - ideal for passive investors or portfolio diversification
Unit B, 3 William Pickering Drive represents a quality commercial investment underpinned by an established and reputable tenant in a highly sought-after business location.
Situated in the heart of Albany's thriving business and commercial precinct, the property enjoys excellent profile and connectivity, positioned amongst a range of national and international occupiers. Its location ensures ongoing demand from businesses seeking to establish themselves in one of Auckland's fastest growing commercial hubs. Currently leased to a proven and well-regarded operator, the property offers investors a secure rental income stream, backed by a rental bond for added peace of mind. With rental growth on future reviews, purchasers have the ability to benefit from both immediate returns and long-term upside. The premises is well presented and functional, designed to suit a wide range of occupiers, further underpinning the property's future leasing security. Investors will appreciate the "hands-off" nature of this opportunity - a strategic addition to any portfolio seeking exposure to Albany's strong fundamentals and continued growth.
Albany continues to be one of Auckland's strongest commercial growth areas, benefitting from significant public and private investment in infrastructure, retail, education, and residential development. Businesses are drawn to the area's accessibility and amenity, ensuring sustained tenant demand and rising rental levels over the long term.
This property provides investors with the rare opportunity to secure a proven income stream today, with the additional benefit of rental growth into the future. A combination of location, covenant strength, and investment fundamentals make this an offering not to be overlooked.
For more information and an appointment to view this property, please contact the agents at NAI Harcourts Cooper & Co today.
