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Listing Description

Listed: Fri, 27 Oct

245sqm Wairau Industrial Unit

Unit L/21 Poland Road, Wairau Valley, North Shore City, Auckland

To be sold by deadline sale (by 23 Nov)

Details

  •   245m² Floor
AttributeValue
Property use
Industrial
Property ID#
IJE815
Agency reference
agentpoint-7793837

Description

Perfectly positioned in the heart of the Wairau Valley on Auckland’s North Shore, 21 Poland Road comprises of 14 industrial units ideally suited to a range of different uses.

Unit L (12) offers a total area of 245sqm (more or less) which includes a low stud showroom with office and amenities above and a L-shaped high stud warehouse with roller door entry. 4 car parks are provided onsite.

Occupied by Joinery Developments Limited, the lease is part way through its first term of 2 years with a right of renewal of 2 years giving a final expiry date of June 2026. Currently returning $43,500 pa net, this investment has good future rental growth potential.

With a shortage of light industrial land across the North Shore, these popular small industrial units which have historically proven to be highly sought after, now will be difficult to replicate.

Key Features:

  • Popular North Shore location.
  • Short distance to the Northern Motorway
  • Total building area of 245sqm
  • 4 onsite car parks
  • Currently returning $43,500 pa net
  • Vendor moving on with other projects so wants SOLD!

The property is offered For Sale by Deadline Private Treaty closing 4.00pm Thursday 23rd November 2023 (unless sold prior)

Please call the sole agents Euan Stratton 0275 807439 or Jaye Miller 0273 761 118 for further information or to arrange and appointment to view.


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