Secure a modern industrial investment in the heart of Albany’s established business precinct. Built in 2016, this well-presented unit offers quality construction, a functional layout, and reliable income, making it a compelling long-term addition to any portfolio.
The property comprises a total floor area of 547m², including a 403m² high-stud warehouse and 144m² of office/showroom space, complemented by a 40m² canopy for covered loading. Access is efficient and practical, with a full-height roller door, a covered loading area, and nine on-site car parks.
Currently returning approximately $139,422 net per annum, the property is secured by a new three-year lease with annual fixed rental increases, providing investors with dependable income and minimal landlord responsibilities.
Zoned Business Park, the building is designed for flexibility and suits a wide range of industrial and commercial uses. Its strategic position within Albany’s tightly held industrial precinct offers excellent connectivity, with close proximity to the Northern Motorway and key North Shore transport routes.
With ongoing growth across the North Shore and limited supply of modern industrial premises, Albany continues to attract quality occupiers and strong tenant demand.
Opportunities of this calibre are rarely available. With a secure tenant, strong cashflow, and a prime Albany location, this property represents a standout industrial investment.
Seriously for sale!
For further information or to arrange an inspection, contact the Industrial specialists:
Matt Prentice 021 464 904 and Jack Tuson 027 448 1148
Features:
- 547m² Warehouse / Office + 40m² canopy.
- 403m² High-stud warehouse
- 144m² Well-presented office and showroom
- Returning $139,422 net per annum
- 3 year lease term
- Modern & high stud
- Business Park Zoning
- 9 Car parks
- Roller door with canopy for sheltered loading
More information: https://www.colliers.co.nz/p-NZL67039252
