Listing Description
Listed: Tue, 16 Jun
INVESTMENT - A GRADE TENANT - 7.2% RETURN
D/43I Apollo Dr, Albany, North Shore City, Auckland
Details
| Attribute | Value |
|---|---|
| Property use | Industrial |
| Agency reference | 62550 |
| Apply Online | http://www.tmsandbox.co.nz/Browse/Jobs/ApplyOnline.aspx?mode=apply_online&referenceId=4159677&sellerId=0 |
Description
Don’t miss this opportunity to secure a tenanted investment on the North Shore's lucrative Apollo Drive. Offering a brand new 5 + 5 year lease with a quality tenant.
Location This outstanding investment property is located in the midst of Apollo Drive's busy office precinct, a convenient location with easy access to the Northern Motorway exit Upper Harbour Highway, close proximity to Albany Westfield, North Harbour Stadium and Massey University. The property is within walking distance to several cafes, delis and restaurants.
Property Features
- First floor office in high profile building complex on Apollo Drive road frontage
- Excellent exposure with park views and natural light
- Architecturally well-designed and highly presentable building
- Modern air-conditioned office space
- Modern, high quality fit-out
- Eight carparks
Property Details
- Office: 243m²
- Partitioned into office suites, open space and boardroom and very nice kitchen
- Suspended ceilings, carpet floor coverings
Tenancy Details
- Term: 5 + 5 years
- Rental: $67,116.00pa net + GST and outgoings
- Rent Reviews: three yearly
- Final Expiry: 31 October 2024
- Asking Price: $932,000.00
- Investment Return: 7.20%
Phone Brian to inspect this sought after investment property and to present your offer now!
