Listing #:1677807005

Split Risk Investment Opportunity

Location: 25/14 Airborne Road, Albany, North Shore City, Auckland
Property use: Industrial
Floor area: 123m2
Price: Price by negotiatio­n
FOR SALE:

Take this opportunity to purchase a perfect little tenant investment with a good return. Excellent for small to medium investors.

Tenanted investment with a one bedroom apartment upstairs and warehouse/office downstairs. Two allocated car parks.

Total net return is $36,034.00 plus Outgoings plus GST per annum.

Tenancy Rental schedule currently returning:-
- Residential one bedroom apartment upstairs with own entry under a residential tenancy agreement, returning $15,754.00 net per year (no GST)
- The upstairs tenant is paying $350 per week = $18,200 less half the building outgoings $2,446 (the owner pays) offering a net of $15,754 per year
- Warehouse/office at ground level on a commercial lease returning $20,280.00 net Plus GST plus outgoings per annum
- Total outgoings $4,912.00 plus GST per annum (approx)

There is an additional warehouse mezzanine level that is approx 15 square metres which is not included in the total unit size.

Close to public transport and Albany shopping centres.

Please phone NAI Harcourts for details.

Agency reference #: NSC27784
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Price by negotiation
25/14 Airborne Road, Albany, North Shore City, Auckland
Price by negotiation
Listed: Mon 25 Jun, 4:42 pm
Dave Lane
NAI Harcourts - Cooper & Co Real Estate, Licensed Agent (REAA 2008)
  • Contact details
  •  (021) 928031
  •  (09) 3902120

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Dave Lane
NAI Harcourts - Cooper & Co Real Estate, Licensed Agent (REAA 2008)
(09) 4869250
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Expires: Fri 16 Nov, 3:57 pm
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