Act now to secure a modern industrial investment in the heart of Albany. Built in 2016, this unit combines quality construction with a highly functional layout, making it an attractive long-term asset.
The property comprises 547m² warehouse / office. 403m² high-stud warehouse and 144m² of office/showroom, plus an additional 40m² canopy. Access is excellent with a full roller door, covered loading area, and 9 on-site carparks. Designed with flexibility in mind, it suits a wide range of business uses under its Business Park zoning.
Currently returning approximately $139,422 net pa, the property is secured by a new three-year lease. Annual fixed rental increases and minimal landlord responsibilities make this a low-management, hands-off investment.
Positioned within Albany’s sought-after industrial precinct, the property benefits from strong transport links and close proximity to the Northern Motorway. The location continues to attract quality occupiers, underpinned by the North Shore’s sustained growth and limited supply of modern industrial stock.
Opportunities of this calibre are rarely available in Albany. With a secure tenant, strong cashflow, and a prime position, this property represents a standout industrial investment on the North Shore.
Contact the Industrial specialists for more information or to view.
Matt Prentice 021 464 904 and Jack Tuson 027 448 1148
Features:
- 547m² Warehouse / Office + 40m² canopy.
- 403m² High-stud warehouse
- 144m² Well-presented office and showroom
- Returning $139,422 net per annum
- 3 year lease term
- Business Park Zoning
- 9 Car parks
- Roller door with canopy for sheltered loading
More information: https://www.colliers.co.nz/p-NZL67036386