- Returning net $50,000pa + GST
- Established national tenant, Adler Group
- Modern 164.5sqm (approximately) unit with warehouse, office and mezzanine
- New three (3) + two (2) + two (2) year lease term
Located within the brand-new Toiawaka Road industrial development, this 164.5sqm (approximately) unit offers investors the security of a quality tenant in a highly sought-after location. Leased to Adler Group, a well-regarded nationwide cleaning business, the property provides a solid return of net $50,000pa + GST + annual fixed increases of 3%.
The unit itself comprises functional warehouse space, office and mezzanine areas, supported by two car parks, making it a versatile and attractive facility for a wide range of occupiers.
Positioned within the fast-growing Drury South industrial precinct, this property benefits from outstanding connectivity to State Highway 1 and State Highway 22, with the region set for significant residential and commercial growth. With strong tenant covenant and modern construction, this is an opportunity to secure a lowmaintenance investment in one of Auckland’s most active industrial growth corridors.