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Freehold industrial investment opportunity

61 Briasco Street, Awatoto

Industrial Buildings
dollar

Tender

Floor area
2129m2
Land area
3261m2
Title type
Freehold
On this page:

Tender

Thursday
4:00pm
18
Jun

Map

Property details

Listing # NC228848 | Listed on 21 May

Located in the Awatoto Napier industrial area and comprising of a large open warehouse with dual access from both busy Waitangi Road and Briasco Street.

  • 3261m2 (approx.) freehold land area on two titles

  • 2129m2 (approx.) warehousing with recently refurbished offices and staff facilities

  • Open yard area with access from Briasco Street

  • Net annual income $92.000pa plus GST, tenant pays outgoings plus GST

  • Existing lease from 2015 with two yearly reviews to market and renewals to 31st March 2031

This large fully leased freehold industrial property presents as a great investment opportunity, with potential opportunity to increase income with additional letting.

For further information please contact agents.

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