Available for purchase in the popular Span Farm area of Glendene is this 100sqm road front industrial unit. The unit features an open plan warehouse space offering 4.5m stud height, upstairs office and downstairs amenities with a bathroom and shower. Added amenity includes 2x car parks, great signage potential and three-phase power. Bancroft Crescent is known for being one of the only 'Heavy Industry' zoned industrial pockets of West Auckland, allowing for a range of business operations which are not allowed for in Light Industry.
Currently returning $19,500 net per annum, the lease carries through to March 2022, where there will be the opportunity for an owner occupier to take possession, or to renegotiate a new lease with the incumbent tenant. With limited industrial stock available to purchase in the current market, this opportunity presents a rare opportunity for a purchaser to establish their business, or generate a passive return.
Property Features:
- 100sqm High stud industrial unit
- Approx. 15sqm Office space
- Currently returning $19,500 + OPEX + GST per annum
- Shower facilities
- 2x Allocated carparks
- Road frontage unit
- Great signage potential
Glendene promises to be a desirable industrial location in 2018 and beyond with the opening of the Waterview Connection opening up West Auckland to the South and Airport regions. With a history of heavy industrial tenants, Glendene will hold onto this tradition as it is zoned 'Heavy Industrial' under the new Auckland Unitary Plan.
For more information or to arrange a viewing call or email West Auckland Industrial Sales & Leasing specialist:
Aidan Moss
aidanmoss@jamesgroup.co.nz
021 070 8049
For a full range of currently available properties, check out: http://www.jamesgroup.co.nz
