A well-established multi-unit commercial property in the core of the Northpoint industrial precinct. The asset offers a genuine split-risk investment profile, comprising six self-contained tenancies with diversified income across industrial, office, retail, and residential uses.
Constructed in 2003, the steel-framed building provides low-maintenance ownership and long-term durability. Practical layouts and a proven location underpin strong and consistent leasing fundamentals.
The property is anchored by long-standing tenants including Freeway RV, servicing the adjacent motorhome park, and Urban Bake, a well-known destination cafe with a loyal following. Positioned within an area of sustained growth, this excellent asset will appeal to investors looking for cash-flow, security, and future upside.
To obtain a copy of all supplementary documents please register your interest at www.propertyfiles.co.nz/property/25ulricstreet
- Multi-tenant complex in high growth area
- Core industrial plus retail, office and residential components
- Well presented and structurally sound - 70% NBS
- Net income of $158,498pa + GST
