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Quality Tenant with Income

25 Sheffield Street, Te Rapa

Industrial Buildings
dollar

Asking Price $4,100,000 Plus GST (if any)

Floor area
2153m2
Land area
3145m2
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Property details

Listing # HCM32938 | Listed on 2 April

• Industrial building of 2,156sqm approx. with high stud warehouse
• Functional secure concrete yard
• New three year lease will be signed prior to settlement returning $240,000pa plus GST & Outgoings
• Land area of 3,145sqm (more or less)
• Seismic rating above 67% NBS

Located in Sheffield Street between the intersections of Northway Street and Sunshine Avenue. Sheffield Street is part of the central Te Rapa industrial precinct which includes a number of local and national businesses such as Provida Foods, Anzor Fasteners, NES Generator & Pump Hire, JP Marshall Engineers to name a few.

The property features a well presented industrial building, including a high stud warehouse and office component with a central Te Rapa address. A secure yard area enhances operational efficiency and suits a wide range of industrial users. The substantial freehold landholding of 3,154sqm (more or less) further adds to the asset's versatility future potential. The property has a road frontage of nearly 63 metres which provides a number of future opportunities. The Vendor is providing a lease back holding income, opportunities exist for future planning. Call the agents today to view this opportunity. It has all the right elements.

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