NAI Harcourts is pleased to exclusively present 6/19 Ashfield Road for sale. This presents a compelling opportunity to acquire a hard working industrial investment in the tightly held Wairau Valley precinct, underpinned by a long-term lease to Safety Nets NZ Limited, New Zealand's market leader in fall protection systems.
The property is occupied as the tenant's national headquarters and operational hub, providing strong occupational commitment and durable income. A new 5-year lease-term will commence on settlement, delivering immediate cashflow of $57,950 net per annum, with rent review mechanisms offering clear potential for income growth over time.
Safety Nets NZ Limited has operated nationally since 2008 and occupies a specialised, regulation-driven niche servicing residential and commercial construction projects across New Zealand. The company is widely recognised as an industry authority. This unique market position supports long-term business resilience and underpins the strength of the tenant covenant.
The property comprises approximately 250 sqm total floor area and five car parks. The premises is well presented and functional, having undergone extensive refurbishment including a new roof and reclad. Located within one of Auckland's most established industrial zones, the property benefits from excellent motorway connectivity, strong surrounding occupier demand, and historically proven investment performance.
Key features:
- Tenanted industrial investment
- Approximately 250 sqm total floor area
- New 5-year lease on settlement
- Returning $57,950 net per annum
- Rent review mechanisms providing rental growth
- Established national market leader
- Recently refurbished including new roof and reclad
- Located in the tightly held Wairau Valley industrial precinct
- Excellent access to key motorway networks
- Future expansion potential (subject to consent)
For more information and to arrange a viewing, contact Rodney Jobse 020 405 741 56 or Euan Stratton 027 580 7439.
