These combined office/warehouse properties are extremely popular. With a very low vacancy rate in the area these are easy to lease on the rare occasion they become available.
Located within a four-unit development situated on the corner of Paul Matthews Road and Omega Street, North Harbour. Businesses are primarily commercial and industrial and are very popular with both investors and owner occupiers, this established industrial area remains in high demand.
Key Features:
- Approx. total floor 327.1m²
- Tenanted Investment
- First floor air conditioned office approx. 59.4m²
- Ground level air conditioned office approx. 66.4m²
- High/medium stud warehouse approx. 201.3m²
- Allocated on the title are 5 uncovered car parks
- Current lease term 2 years expiry 30/6/2018 with 3 further right of renewals
- Net return $50,000.00 per annum with 2 yearly rent reviews
Unit C is for sale by auction to be held at NAI Harcourts auction room Takapuna, 1.00pm, 1st June 2017 (unless sold prior).