Listing #:2019925595

Fee Simple Investment - 4 Units on 1 Title

Location: 6 Beach Road, Otahuhu, Auckland City, Auckland
Property use: Industrial
Floor area: 1,343m2
Price: Price by negotiatio­n
High spec, split risk tenanted investment on a 2,240sqm fee simple site. The property comprises four units on one title and is fully leased to three established tenants. With the leases commencing from the end of 2018 and attractive market rent review structures in place, this is an ideal bottom draw, split risk investment to add to any current portfolio or a comfortable first investment for anyone wanting to break in to the Commercial and Industrial property market.

Key Features:
• Fully Tenanted, Split Risk Investment
• Returning $207,000 Net PA
• Three tenants across four tenancies
• Ideal warehouse to office ratios per unit
• Recently refurbished to a high level (full list of works available on request)

With Goodman’s Savill Link Estate and Toll’s Intermodal Logistics Hub located just a minutes’ drive away, the site is perfectly situated between the well established and redeveloping precincts of Favona and Otahuhu. The property is only approximately 9kilometres (kms) from Auckland Airport and 17kms serving as an important part of Auckland's southern transport network with a major bus interchange, train station, access to main arterial routes and SH1 motorway on-ramp.

For more information or to request an information pack, call or email one of the agents below:

Matt Tills
021 168 2098
matttills@jamesgroup.co.nz

David Annan
021 292 0104
davidannan@jamesgroup.co.nz

Peter Hwang
021 133 3113
peterhwang@jamesgroup.co.nz

Agency reference #: JG02095
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Price by negotiation
6 Beach Road, Otahuhu, Auckland City, Auckland
Price by negotiation
Listed: Wed 10 Apr, 3:20 pm
Matt Tills
James Group Limited , (Licensed: REAA 2008)
  • Contact details
  •  (09) 2539330
  •  (021) 1682098

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Agent's details

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Matt Tills
David Annan
James Group Limited , (Licensed: REAA 2008)
(09) 2539330
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Expires: Mon 8 Jul, 12:20 pm
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