


Listing Description
New 2-Year Lease - Low Maintenance Investment
56 Progressive Way, East Tamaki, Manukau City, Auckland
Price by negotiation
Details
| Attribute | Value |
|---|---|
| Property use | Industrial |
| Agency reference | NZL67036145 |
Description
Available for sale is this 68m² warehouse, complete with a mezzanine, featuring a 6-metre stud height that maximises functionality, a convenient roller door for easy access, and two dedicated car parks. This is an ideal opportunity for investors seeking a practical and low maintenance property. Returning rental of $21,000 net per annum + OPEX + GST on a new 2-year lease with rights of renewals. East Tamaki is a well-established, central area, which has become one of Auckland’s most desirable industrial locations. Large scale development of the Highbrook Business Park and Eastfield Industrial Park have further enhanced the appeal of this area. These parks house prominent businesses such as DHL, Mainfreight, Fisher and Paykel, NZ Post, Komatsu, BNZ, and Ford. Other notable businesses in close proximity to the subject property include Bunnings Trade, Steel & Tube, Kia NZ, United Steel, and Chemfreight. East Tamaki Road is a main arterial route in the area, providing excellent access to a variety of areas Auckland wide. The location has strong transport linkages, in particular, to SH1 ensuring easy access to Auckland’s CBD, Wiri and Auckland Airport making it highly desirable for both tenants and investors in the industrial sector. Contact the agents for more information or to arrange a viewing. Hannah Soroka +64 21 283 8482 Sam Hyde-Smith +64 27 476 5882
Features:
- 68m² warehouse
- 2 exclusive car parks
- Returning $21,000 on a new 2-year lease with ROR
- Flexible options - two units available, take one or both
- Modern quality construction
- Light industry zoning
Asking price: $480,000
More information: https://www.colliers.co.nz/p-NZL67036145
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