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Listing Description

Listed: Wed, 24 Aug

Bottom Draw Industrial Investment

Lot 3 & 4, 88N Hobsonville Road, Hobsonville, Waitakere City, Auckland

Price by negotiation

Details

  •   277m² Floor
AttributeValue
Property use
Industrial
Agency reference
NSC38875

Description

NAI Harcourts are proud to present unit N, Lot 3 & 4, 88 Hobsonville Road to the market as a tenanted investment.

A brand new 4-year lease has been signed to a business in the construction industry eager to secure their spot in this highly desirable location.

Upon entry you will immediately be impressed by the size and scale of this 15 unit industrial development. The Developer, Waide Construction is fast building a reputation for quality and have delivered numerous successful commercial and high rise apartment projects across the wider Auckland and Hamilton areas.

The unit's superior, northerly aspect makes good use of the ground floor's full-height glass windows, with the roller door down the unit will be sun drenched and well protected from southerly winds.

The unit is configured with a compact, well-appointed showroom and cantilevered offices above. Duel accessways, and drive-around ability at the rear ensure traffic flows smoothly around the complex. Being the second unit in from the road, Unit N in particular has great visibility and a fantastic approach angle to the warehouse. The warehouse, having a minimum 6m stud height is well laid out and is the focal point of the unit.

With rental rates continuing to rise, industrial property is considered a fantastic inflationary hedge. With very little stock coming to market, this is an investment opportunity serious investors should consider.

Breakdown:

  • 189.5m² warehouse
  • 37m² ground floor showroom
  • 50m² level one office
  • 23m² canopy
  • 4 car parks

Key Features: Returning $68,500 p.a. + GST + outgoings Brand new 4 year lease + right of renewal Completion expected for March 2023

For further information on this tenanted investment please contact the sole agent at NAI Harcourts today.


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Agent's details

Enquire about the property

NAI Harcourts - Cooper & Co Real Estate, (Licensed: REAA 2008)

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