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11B Waikaukau Road, Glen Eden

Asking price $2,027,138 + GST (if any)

Listing Description

Listed: Wed, 29 Jul

Investment with Owner-Occupier Flexibility

11B Waikaukau Road, Glen Eden, Waitakere City, Auckland

Details

  •   783m² Floor
  •   1396m² Land
AttributeValue
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





Phil Laird


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Agent's details

Phil Laird

Phil Laird

Enquire about the property

Commercial West Ltd, (Licensed: REAA 2008)

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