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Yield opportunity – clear instructions to sell

G/2 Kerwyn Avenue, East Tamaki

Industrial Buildings
dollar

Deadline Sale

Floor area
1273m2
Title type
Unit Title
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Deadline sale

Thursday
2:00pm
21
May

Map

Property details

Listing # 1906666 | Listed on 16 April

2G Kerwyn Avenue presents a functional, income-producing industrial asset in one of Auckland’s premier industrial precincts.

The property is underpinned by a longstanding tenant, an established operator within the medical manufacturing sector, who has been in occupation since 2016. Their significant investment into the premises reinforces the strength of the tenancy and provides confidence in the ongoing income stream, returning net of $222,000pa plus GST.

The building offers a well-configured warehouse with multiple roller door access points, providing efficient functionality and future flexibility. A key feature is the large chiller room, suitable for medical, food processing, or other temperature-controlled uses, while the ability to split the property into smaller tenancies over time adds further value-add potential.

Key Features:

  • Longstanding tenant (in occupation since 2016)
  • Entrenched occupier with significant fit-out investment, underpinning income security
  • Functional warehouse with multiple roller doors and flexible layout
  • Future ability to split into smaller tenancies
  • Large chiller panel and substantial power supply
  • Returning net of $222,000pa + GST
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