Property features
-Strong return
-Future upside with mixed use zoning
-Motivated seller has purchased
-Large exclusive building & land area
-Serious value for money
Positioned at 11B Weza Lane, Kumeu, this well-configured industrial property presents a compelling investment opportunity in one of West Auckland’s lowest-vacancy industrial precincts.
Offering approximately 550sqm (more or less) of net lettable area, the property boasts a favourable office-to-warehouse ratio of over 90% warehouse with 386m2 of exclusive yard area.
The property is leased to JPN Marine Limited, a well-established marine services business, returning $73,000 per annum plus OPEX and GST until June 2028 with further rights of renewal.
Our motivated seller has another opportunity lined up and demands action. For more information or to arrange a viewing, contact our West Auckland experts today!
Features:
- Returning $73,000 + OPEX + GST
- Cross lease estate- No body corporate
- Low vacancy industrial pocket of Kumeu
- Small favourable office to warehouse ratio
- Large roller doors/sliding doors
- Business - Mixed Use Zone - Future redevelopment potential
- Large yard/parking in the front of the property
More information: https://www.colliers.co.nz/p-NZL67039652
