Commercial

Secure 10%+ return - international tenant

2/4 Clemow Drive, Mount Wellington

Industrial Buildings
dollar

$150,000 Including GST (if any)

Floor area
215m²
Title type
Leasehold

Map

Property description

Listing # 1906605|Listed on 11 March

*SOLE AGENCY*

Key features:

  • 215sqm (approximately) industrial unit
  • Located next to Sylvia Park and IKEA
  • Modern tilt slab unit in sought-after location
  • Tenanted to established international company returning *$47,210.05pa + GST

Please note: the property is held on a leasehold title.
*Disclaimer: Due to the property being held on a leasehold title, there is a ground lease cost associated with this property. After this amount is deducted, the effective net rental is $16,809.35pa + GST.

This well-presented industrial unit on Clemow Drive offers investors a compelling opportunity to secure a high-yielding asset in one of Auckland's most established commercial precincts. The property is currently leased to a global water-technology company on a long-term lease, providing consistent and immediate income in a tightly held location. Constructed with modern tilt slab walls, the unit has been extensively fitted out by the tenant for their particular business needs.

Neighbouring Sylvia Park and IKEA, the property benefits from excellent surrounding amenity and strong connectivity with close proximity to State Highway One and the Southeastern Arterial.

For further details on this property, contact your SOLE AGENTS today.

Jake Skeen
027 636 5650
jake.skeen@bayleys.co.nz

Matt Dell
027 221 9735
matt.dell@bayleys.co.nz

Your notesYour notes
Bayleys Real Estate Ltd (Licensed: REAA 2008) - South Auckland

Jake Skeen

Bayleys Real Estate Ltd (Licensed: REAA 2008) - South Auckland
87 active listings
Bayleys Real Estate Ltd (Licensed: REAA 2008) - South Auckland

Matt Dell

Bayleys Real Estate Ltd (Licensed: REAA 2008) - South Auckland
82 active listings

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