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Versatile industrial - invest or occupy

P/2 Kerwyn Avenue, East Tamaki

Industrial Buildings
dollar

Deadline Sale

Floor area
143m2
Title type
Unit Title
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Deadline sale

Thursday
2:00pm
07
May

Map

Property details

Listing # 1906686 | Listed on 10 April

Positioned on sought-after Kerwyn Avenue in the heart of East Tamaki, this well-presented industrial unit provides a rare opportunity for both investors and owner-occupiers to secure a versatile property within one of Auckland’s most established industrial precincts.

Comprising a total floor area of 143.5sqm (approximately) with four (4) allocated car parks, the property forms part of a well-maintained complex suitable for a variety of business uses. Purchasers have the flexibility to occupy the premises by settlement, or investors may elect to secure a new two (2) year lease to the long-term tenant Innovative Branding Solutions, who have occupied the property for over ten (10) years. This lease would provide a return net of $30,852.50pa + GST, with additional income from a licence to occupy for extra car parks held by Sachin Graphic & Design NZ Ltd, returning $3,600pa + GST, offering a total potential net return of $34,452.50pa + GST.

Key features

  • 143.5sqm (approximately) total floor area
  • Four (4) allocated car parks
  • Option to occupy by settlement
  • Option to secure new two (2) year lease at net $30,852.50pa + GST
  • Licence to occupy (Sachin Graphic & Design NZ Ltd) returning $3,600pa + GST
  • Total potential net income: $34,452.50pa + GST
  • Located within a highly desirable East Tamaki industrial hub
  • Road front signage rights included, providing strong visibility and branding opportunities

For further information or to arrange a viewing, please contact the agents below:

Harrison Gregory
021 082 40922
harrison.gregory@bayleys.co.nz

Peter Hwang
021 133 3113
peter.hwang@bayleys.co.nz

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