Brand new tenanted investment - global tenant

Bayleys, as sole agents, are pleased to present this premium investment to the market for sale.

• Brand new A-grade industrial facility developed by Euroclass
• Leased to global logistics company Yusen Logistics
• Brand new lease
• Prime Wiri location with excellent access to State Highway 20, State Highway 1 and Auckland Airport
• 12-month bank bond providing income security

This property offers investors the opportunity to secure a modern, income producing industrial asset backed by an international tenant covenant.

The building has been built for high-volume logistics operations, comprising approximately 4,525sqm of total floor area including 4,200sqm high-stud warehousing, 325sqm modern offices across two (2) levels, and a substantial 1,350sqm drive-through canopy supporting efficient all-weather loading.

The lease provides strong income fundamentals with built-in rental growth and security.

Basalt Business Park in Wiri is one of Auckland’s most established and tightly held industrial precincts. This location attracts major logistics and distribution occupiers due to its connectivity and access to labour.