Listing Description
High-yielding industrial investment
1/14 Polaris Place, East Tamaki, Manukau City, Auckland
Price by negotiation
Details
| Attribute | Value |
|---|---|
| Property use | Industrial |
| Agency reference | 1905964 |
Description
Available for sale is a well-presented industrial property in the heart of East Tamaki. The property provides a strong rental income of $229,134.45pa net and is leased to CSE New Zealand Ltd. Having occupied the site since the 1990's, the tenants have just exercised their three-year right of renewal and are entrenched in the premises. The site includes 25 exclusive car parks, a rare and valuable asset in this tightly held precinct.
Investments of this scale seldom come available in East Tamaki - one of Auckland's most sought-after industrial hubs. The location benefits from proximity to key arterial routes, the Highbrook Business Park, and a strong local labour pool.
Key features:
- 1,012sqm (approximately) freehold industrial facility
- 25 exclusive on-site car parks
- Rental income of $229,134pa net
- Recently renewed three-year lease term
- Prime East Tamaki location
- Flexible layout with reconfiguration potential
- Affordable price point
Contact the agents below for more information:
Tim Bull 021 127 1831 mailto:tim.bull@bayleys.co.nz
James Hill 021 599 529 mailto:james.hill@bayleys.co.nz
James Valintine 021 023 71868 mailto:james.valintine@bayleys.co.nz
Property Files
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