Colliers are proud to exclusively market for Sale, 25B Triton Drive, Albany – A bottom drawer trophy industrial investment, located in a highly exposed position on one of Albany’s main arterial roads.
Returning $174,568 pa net, and part way through a 4 year lease term, the immaculately presented asset is occupied by “Cama Products Limited” - An established New Zealand family owned and operated business that has been involved in the New Zealand Outdoor Power Equipment Industry for over 70 years.
Part of a dual unit development by the reputable KEA Property Group, this investment has a strong street presence, benefitting from a high warehouse ratio, high stud, plus a rare single level office / showroom.
The attractive asset has a total lettable area of 733 sqm with 12 designated carparks accessed by a dual entry site.
Rarely do modern industrial investments hit the open market in this tightly held area – this is your chance to purchase an affordable premium grade, hands-free investment occupied by a long standing tenant.
Phone the sole agents today to register your interest.
Matt Prentice 021 464 904, Shoneet Chand 021 400 765 & Jack Tuson 027 448 1148
Features:
- Returning $174,568pa + GST + OPEX
- A bottom drawer trophy investment
- 4 year lease term + right of renewal
- High profile position
- Total floor area 733 sqm + 12 carparks
- High warehouse ratio + single level office
- A” Grade seismic rating
- Prime Triton Drive location
More information: https://www.colliers.co.nz/p-NZL67037985
