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ESTABLISHED TENANTED - 6.25% RETURN

2/38 Keeling Road, Henderson

Industrial Buildings
dollar

$384,000 Plus GST (if any)

Floor area
109m2
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Property details

Listing # JG14000 | Listed on 16 July

Fixed Price: $384,000 (+GST, if any) | Vendor is registered for GST

A well-presented, road-front industrial investment of this price point is an incredibly rare find!

With an established Tenant already in place this well-presented, entry-level investment opportunity is set to enjoy $48,000+OPEX+GST of personally guaranteed contracted income over the next 2 years, delivering immediate cash flow upon settlement. Explore future rental uplift & lease extension opportunities with 2 contracted ROR’s & Market Rent Reviews.

Positioned on tightly held Keeling Road, the property comprises approximately 109m² of functional warehouse and office space, featuring a medium-stud warehouse accessed via a full height roller door, split-level office space, and full staff amenities including a bathroom with shower.

Benefitting from excellent signage exposure & three on-site car parks in a proven industrial location, this low-maintenance asset presents an outstanding opportunity for investors of all sizes to secure an asset in one of West Auckland's most tightly held industrial precincts.

Key Features:

  • 109m² Industrial Unit – Stratum in Freehold
  • $24,000+OPEX+GST net pa (6.25% return)
  • Established Tenant, in place since 2022
  • 2 Contracted ROR's & Market Rent Reviews
  • New Roof Installed in 2021
  • Great Street Exposure
  • 3 On-site Carparks

Available on Request: Certificate of Title, LIM, Council Property File, Lease Documents

SOLE AGENCY

Henderson has a long-established record as the business hub of the West and continues to thrive on the base of development in and around the surrounding areas. The recent completion of Western Link has strengthened Henderson's status as one of Auckland's key business hubs, with greater access than ever to South Auckland and the Airport.

For further information or to arrange a viewing, please contact your West Auckland Property Specialists:

F I N N D O C K E R T Y
021 024 61268
finndockerty@jamesgroup.co.nz

W I L L P H I L L I P S
021 402 562
willphillips@jamesgroup.co.nz

For a full range of currently available properties, check out www.jamesgroup.co.nz

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