


Listing Description
Investment with Owner-Occupier Flexibility
11B Waikaukau Road, Glen Eden, Waitakere City, Auckland
Details
| Attribute | Value |
|---|---|
| Property use | Industrial |
| Viewing instructions | Contact Phil Laird? 021 960 780? email plaird@comwest.co.nz |
| Property ID# | JVZ422 |
| Agency reference | M3955 |
Description
Industrial Investment – 6.5% Return + Owner-Occupier Flexibility Price: $2,027,138 A premium industrial investment offering a strong income stream with the added flexibility for future owner-occupation. Key Features * Net income: $131,764.00 p.a. * Initial yield: 6.5% * Fee Simple land holding of 1,396m² * ISA 100% NBS – Grade A * Three quality industrial units: * Unit A – 251m² * Unit B – 266m² * Unit C – 266m² plus exclusive yard
Investment Highlights Units A and B are occupied by long-term tenants established since 2016 and 2020. Both are currently on periodic tenancies, providing flexibility for investors or owner-occupiers. A purchaser can continue to receive rental income, negotiate new lease terms, or secure vacant possession by giving the required statutory notice. Unit C is secured by a new five-year lease commencing 1 August 2026, providing long-term income security. This property presents an outstanding opportunity to purchase a quality industrial asset with immediate income and future flexibility in a tightly held market. Information Memorandum available on request. Contact Phil Laird? 021 960 780? email plaird@comwest.co.nz















