Listing #:1422556287

Long Term Commercial Investment

Location: C and D/100 Bush Road, Albany, North Shore City, Auckland
Property use: Office
Floor area: 412m2
Price: Price by negotiatio­n
- New six (6) year lease
- Well-established tenant
- Outstanding corner site
- Net rental of $118,575pa + GST
- Secured by a tenant rental bond
- Unit C Floor Area 245sqm (approximately)
- Unit D Floor Area 167sqm (approximately)
- 15 car parks

A rare opportunity has presented itself to secure a high quality tenanted investment with a new lease of six years in a prime commercial complex.
Boasting one of the most prominent corner sites in Albany it's no wonder that this well-established tenant has been in occupation since 2011 and has extended their lease until 2023. The nationwide tenant has been established in New Zealand for over 30 years and with the rental bond in place the new owner has even more peace of mind.

Tenancy Details:
Name of Tenant - Engineering Design Consultants Limited
Term of Lease - Six (6) years
Commencement Date - 1st June 2017
Net Rental - $118,575pa + GST

For sale by private treaty.

Agency reference #: 1501262
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Price by negotiation
C and D/100 Bush Road, Albany, North Shore City, Auckland
Price by negotiation
Listed: Wed 20 Sep, 3:00 pm
Laurie Burt
Bayleys North Shore Commercial - Devereux Howe-Smith Realty Limited, Licensed Agent (REAA 2008)
  • Contact details
  •  (09) 4890983
  •  (027) 4136174

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Agent's details

Laurie Burt
  •  (09) 4890983
  •  (027) 4136174
Dean Gilbert-Smith
  •  (09) 4890960
  •  (021) 445290
Bayleys North Shore Commercial - Devereux Howe-Smith Realty Limited, Licensed Agent (REAA 2008)
(09) 4890999
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