Key features

• Existing industrial building on a substantial 8,468sqm freehold site
• Sought-after Mixed-Use zoning
• Holding income of $369,474pa net + GST in place until July 2027
• A flexible warehouse with yard/car parking that would suit a wide range of uses
• Potential to re-develop the property for higher and better use in the future

The location is enjoying strong growth with major infrastructure, regeneration, and development projects underway in the area, together with a large residential catchment in the immediate vicinity. Currently generating a holding income of $369,474pa net + GST until July 2027, this versatile warehouse combined with a substantial yard/car parking space caters to a broad spectrum of potential uses.

Offering numerous possibilities, this property can be re-leased as-is, redeveloped for higher and better use, or owned and occupied. Don't miss this unique opportunity to invest in a property with substantial future potential.

Contact the agents below for more information or to arrange a viewing.

Sunil Bhana
021 938 660
sunil.bhana@bayleys.co.nz

James Valintine
021 023 71868
james.valintine@bayleys.co.nz