


Listing Description
FAULTLESS INDUSTRIAL INVESTMENT
East Tamaki, Manukau City, Auckland
Details
| Attribute | Value |
|---|---|
| Property use | Industrial |
| Property ID# | AAU012 |
| Apply Online | http://www.tmsandbox.co.nz/Browse/Jobs/ApplyOnline.aspx?mode=apply_online&referenceId=6684517&sellerId=0 |
Description
<p><span style="font-size: 14px; color: rgb(51, 51, 51);">Rarely do such exceptional Investment opportunities like 4 Nandina Avenue come to the market. </span></p><p><br></p><p><span style="font-size: 14px; color: rgb(51, 51, 51);">This standalone property of 1,141m² sits on a generous 2,061m² Freehold site. The warehouse provides two roller doors allowing good access to the building, one of which backs onto a secure rear yard. </span></p><p><br></p><p><span style="font-size: 14px; color: rgb(51, 51, 51);">The air-conditioned two level office and kitchen provides good natural light and amenities both up and down. </span></p><p><br></p><p><span style="font-size: 14px; color: rgb(51, 51, 51);">The property has recently had a significant refurbishment to the façade and ground floor office/kitchen area. The façade gives the road frontage property huge street appeal! </span></p><p><br></p><p><span style="font-size: 14px; color: rgb(51, 51, 51);">The property has a well-established tenant who signed a new 7 year lease in August 2017. The current rental is $137,000 pa + outgoings + GST with rent reviews two yearly to market and further rights of renewal in place. </span></p><p><br></p><p><span style="font-size: 14px; color: rgb(51, 51, 51);">The property boasts a 100% IEP rating which is A+. </span></p><p><br></p><p><span style="font-size: 14px; color: rgb(51, 51, 51);">The location of this property is right in the heart of East Tamaki, close to both Ti Rakau Drive going East and Harris Road and Highbrook Drive going North and South. Nandina is a popular street with attractive buildings of similar age and quality. </span></p><p><br></p><p><span style="font-size: 14px; color: rgb(51, 51, 51);">This is a tick all boxes opportunity. One that will be well sought after. </span></p><p><br></p><p><span style="font-size: 14px; color: rgb(51, 51, 51);">Astute Investors looking for quality property should inspect. </span></p>



