Listing #:1724763272

3 Buildings - 2 Titles

Location: 9-13 Lorien Place, East Tamaki, Manukau City, Auckland
Property use: Industrial
Floor area: 1,752-1752m2
Land area: 5700m2
Price: To be sold by deadline sale (by 12 Sep)
The property itself sits with approx. 80m of road frontage with 3 separate driveway access points. The shape of the yard areas is practical and efficient with minimum wasted area due to its square shape. The properties are separated into 2 titles with 3 income streams. The nature of the buildings with minimal office area and high yard components are often in demand by tenants and buyer.This is an opportunity to purchase functional buildings with split-risk and the opportunity for growth in the future with additional land. Land is becoming increasingly scare in East Tamaki, especially in a location such as this just one turn from Highbrook Business Park.Various options for the site include;Continue to lease and receive high yielding returnChange boundary lines to create separate rear siteFuture development potentialUpgrade buildings in the future to receive high sqm lease rate
Features:
* 2x freehold titles
* Title 1 - 2,700m²
* Title 2 - 3,000m²
* Split-risk
* Low site coverage
* Future development potential
* Close to motorways

Agency reference #: 209206
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Deadline sale
9-13 Lorien Place, East Tamaki, Manukau City, Auckland
Deadline sale
Listed: Mon 6 Aug, 1:34 pm
Jolyon Thomson
Colliers International South Auckland, Licensed Agent (REAA 2008)
  • Contact details
  •  (09) 3568956
  •  (021) 533538

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Agent's details

Jolyon Thomson
  •  (09) 3568956
  •  (021) 533538
Joshua Franklin
  •  (09) 3578631
  •  (021) 990714
Colliers International South Auckland, Licensed Agent (REAA 2008)
(09) 3581888
Log in or register to email the agent.
Expires: Thu 4 Oct, 5:32 pm
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