Colliers is proud to present 11B Weza Lane, Kumeu for sale.
Returning $73,000 per annum net plus OPEX and GST, the property offers investors an attractive circa 7.3% yield at the asking price of $995,000 + GST. The property is leased to JPN Marine Limited, a well-established marine services business, through to June 2028, with further rights of renewal providing ongoing income certainty.
The building comprises approximately 550m² (more or less) of net lettable area, featuring a highly sought-after configuration with over 90% warehouse space, complemented by 386m² of exclusive-use yard area.
The vendor has purchased elsewhere and is highly motivated to sell, creating a genuine opportunity to secure a well-leased industrial asset at a compelling price point.
Properties offering a 7.3% plus return, significant warehouse component, exclusive yard, Mixed Use zoning, and serious value for money are increasingly difficult to find.
For more information or to arrange an inspection, contact our West Auckland industrial specialists 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-NZL67041433
