Listing #:2027397564

Tidy Industrial With National Tenant

Location: 43 South End Avenue, Raumanga, Whangarei, Northland
Property use: Industrial
Floor area: 1,770m2
Land area: 8015m2
Rateable value (RV): $1,726,000
Price: To be sold by auction on 29 May
A highly attractive industrial investment property purpose built for CablePrice in 2004.

CablePrice are just over 4.5 years into their second 10 year term, with market rent reviews every three years.


This property is ideally situated on South End Ave, amongst compatible businesses and with easy access onto state Highway 1.

The high stud 8 bay workshop includes a mechanics pit, gantry rails, 14 motorised roller doors. Three of the bays were added in 2007 and designed for heavy machinery. Tidy offices, large comfortable staff facilities, mezzanine storage, drive around access, plenty of yard space and a wash bay complete this functional premises.

Tenant improvements include air-conditioning units and electrocuted and alarmed yard for secure storage of vehicles and machinery.

With 5.5 years to run on the lease, industrial tenancies in low supply in Whangarei and little industrial land available for development in central Whangarei, this property is as safe as they get.

Contact Megan McGregor today for further information on this bankable asset.

Auction 5:00 pm Wednesday 29 May 2019 (unless sold prior)

Unable to make it? Register to bid and/or watch the auction live with GAVL here (click follow to be notified when the auction goes live!!): https://x5u9a.app.goo.gl/FHAB

Agency reference #: WHC27524
Show on map
  • directions_car
  • directions_bus
  • directions_run
  • directions_bike
Depart at:
Duration:
Distance:
 
While we've done our best to correctly map this location, it may not be exact.
While we've done our best to correctly map schools in this location, school zone information may not be exact,
so please double check with the school. Read our Maps in Property help page for further information.
To be auctioned
43 South End Avenue, Raumanga, Whangarei, Northland
To be auctioned
Listed: Tue 16 Apr, 4:17 pm
Megan McGregor
Ray White Allens Whangarei (Goode Leith Realty Ltd), (Licensed: REAA 2008)
  • Contact details
  •  (027) 3464194

Advertisement

Agent's details

icn_landline icn_mobile
Megan McGregor
Ray White Allens Whangarei (Goode Leith Realty Ltd), (Licensed: REAA 2008)
(09) 4303300
Log in or register to email the agent.
Expires: Thu 11 Jul, 12:01 pm
Page Views
0836