Listing #:1346884386

High Yielding East Tamaki Asset

Location: 33 Birmingham Road, East Tamaki, Auckalnd, East Tamaki, Manukau City, Auckland
Property use: Industrial
Floor area: 11,454m2
Land area: 18900m2
Price: To be sold by deadline sale (by 12 Jul)
Property ID#: FIC769
This Multi Tenanted industrial asset sits on a huge 1.88 hectare Light Industrial zoned site. With land availability at all-time low, the underlying land value underpins your investment while you enjoy the return. Rental levels across the asset are at below market levels meaning this property will always enjoy tenant interest.

The anchor tenant, Malcove, have six years to run on their current term while other Tenants have invested significantly in their own fitout. This opportunity will appeal to investors looking for a solid return with future upside.

Features:
* NLA 11,453m²
* Passing rent $967,565 pa
* Multi tenanted
* Prominent location
* 1.8880 hectare light industrial zone

Agency reference #: 59929
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Deadline sale
33 Birmingham Road, East Tamaki, Auckalnd, East Tamaki, Manukau City, Auckland
Deadline sale
Listed: Mon 12 Jun, 3:43 pm
Andrew Hooper
Colliers International South Auckland, Licensed Agent (REAA 2008)
  • Contact details
  •  (09) 3589889
  •  (021) 370099

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Agent's details

Andrew Hooper
  •  (09) 3589889
  •  (021) 370099
Dwayne Warby
  •  (09) 3589887
  •  (021) 497077
Colliers International South Auckland, Licensed Agent (REAA 2008)
(09) 3581888
Log in or register to email the agent.
Expires: Tue 1 Jan, 3:43 pm
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