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Listing Description
Listed: Mon, 9 Aug
INVESTMENT THAT PAYS
Glendene, Waitakere City, Auckland
Details
| Attribute | Value |
|---|---|
| Property use | Industrial |
| Agency reference | 86761 |
| Apply Online | http://www.tmsandbox.co.nz/Browse/Jobs/ApplyOnline.aspx?mode=apply_online&referenceId=2149298842&sellerId=0 |
Description
This one ticks all the boxes!
Investor checklist:
- Good, longstanding tenant
- New lease term from 1 May 2021
- Three year term
- High stud open span - six metres (approximately)
- Concrete block construction
- Well-maintained building
- Net lease with R.O.R of 1x2 years
- Ample parking (seven) that allows for container parking
- MPI approved site
- Income at $52,854 plus OPEX and GST per annum
- Fully fenced site, comprising six units in the group all together
- Freehold - unit title tenure property
- Great ratio of warehouse 303m² to offices/amenities 80m² (more or less)
- IEP: >100% (Report available upon request)
Please call or email me for the full details, viewings by appointment only please:
Meir Alfassi - 021 221 0155 | meir.alfassi@barfoot.co.nz