Listing #:2057926105

‘A’ Grade Industrial Opportunity + Expansion Land

Location: 8 John Glenn Avenue, Albany, North Shore City, Auckland
Property use: Industrial
Floor area: 1,766-1766m2
Land area: 4442m2
Price: To be sold by deadline sale (by 11 Jun)
Centrally positioned in the heart of the North Harbour Industrial Estate is this unique opportunity for an occupier, investor or developer to acquire a premium quality industrial building developed by KEA Property Group, with an additional 1,265m² of undeveloped land for building expansion of up to 1,100m² (approx).

Featuring an impressive 1,268.5m² (10m - 11m) high stud warehouse (approx), three roller doors, hard stand yard areas and canopy area, this is one of the best industrial facilities on the North Shore! Combined with an office area of only 216.7m², this results in an office ratio of only 14% which is practically unheard of for industrial buildings of this era.

With the current, short-term tenant paying $270,000 pa net, this is a significant add value opportunity in a very tightly held market. This really is as good as it gets when it comes to industrial property – do not miss out!
Features:
* Returning $270,000 pa net
* Short term lease
* 1,766m² building with 14% offices
* 281m² Canopy + 20 car parks + yard
* 1268.5m² warehouse - 10m - 11m stud
* 216.7m² quality offices + canopy
* 4,442m² freehold title
* 1,265m² building expansion land included
* Subdivision potential
* Very rare North Shore industrial offering

Agency reference #: 213334
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Deadline sale
8 John Glenn Avenue, Albany, North Shore City, Auckland
Deadline sale
Listed: Fri 10 May, 3:57 pm
Shoneet Chand
Colliers International North Shore, (Licensed: REAA 2008)
  • Contact details
  •  (09) 4884787
  •  (021) 400765

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Agent's details

Shoneet Chand
  •  (09) 4884787
  •  (021) 400765
Matt Prentice
  •  (09) 4884785
  •  (021) 464904
Colliers International North Shore, (Licensed: REAA 2008)
(09) 4884777
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Expires: Fri 2 Aug, 9:58 am
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