SOLD
291 Church Street

Onehunga, Auckland

Auction 20 Mar 2014

Listing: NSC5324


Multi-Tenanted Industrial Investment - Heart of Church St
- Smart road front, 3 level building - Multi-tenanted with 4 established tenants - Site area 1,189m² approx - Total floor area 1,779m² approx - Current total net rental $115,400 pa + GST approx - Excellent potential for rental growth Available for the first time in over 30 years, 291 Church Street is a proven performer. This well presented, solidly built 3 level building with 4 tenancies has provided its owner with consistent income and occupancy plus good capital growth. Situated on popular Church Street with easy access to the motorway this multi-tenanted industrial property has a total net annual income of approximately $115,400pa (+GST). Acknowledged as below market there is excellent potential for rental growth. Built in the in the early 1970s, the property has a Grade B seismic rating being 74% NBS. Vendor needs this sold - don't miss this opportunity.
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1,189(more or less Land Area)

1,779(approx) Floor Area

Contact The Experts
Andrew Bruce

Branch Manager / Business Owner

P

09 486 9205
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