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Spilt Risk Investment with Upside

Auckland - Address withheld

Industrial Buildings
dollar

Deadline Sale

Floor area
5448m2
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Property details

Listing # 20326801Q4 | Listed on 13 April 2022

On offer is a light industrial investment totalling over 1.6ha of land and over 6,000sqm of existing improvements for the first time in almost 30 years.

Based in the heart of Te Atatu South, this premises is located in close proximity to the large residential/labour catchment and state highway 16.

The property is currently 100% occupied by three Tenants, MobiStore, Moda Kitchens and Shamrock Group.

The most recent improvement on site (Tenancy One – MobiStore) is a 2 year old 2,000sqm sprinklered warehouse, including office and amenity area at an additional 100sqm. The warehouse have four rollers doors with a canopy covering all points of ingress and egress. There is a concrete yard area totalling over 1,000sqm secured by an automated gate.

In the middle of the site (Tenancy Two- Moda Kitchens), is a warehouse totalling 1,385sqm, with 177sqm of amenity, showroom and office space. The warehouse is accessed via one large roller door.

The rear portion of the site (Tenancy Three- Shamrock Group) offers over 1,500sqm of warehouse, 320sqm of Office over two levels, a laboratory and gravelled yard of 1,400sqm.

Areas are subject to final measurement.

This property is being sold by way of Deadline Private Treaty (unless sold prior), closing 4pm 19 November 2020. All offers are to be lodged at the offices of CBRE Limited, 9-11 Sylvia Park Road, Mount Wellington, Auckland or via email.

For more information, please contact the Agents below.

For more information or to arrange a viewing,
please contact our agents and quote the listing ID

Alex Divers
021 715 385 or (09) 573 3333
alex.divers@cbre.co.nz

OR

Luke McGill
021 022 08889 or (09) 573 3333
luke.mcgill@cbre.com

Listing ID: 20326801Q4

For more options, visit:
www.cbre.co.nz

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