Platinum Partner
Listing Description
Listed: Mon, 27 Oct
PRIME WEST AUCKLAND INVESTMENT
6 Alderman Drive, Henderson, Waitakere City, Auckland
Details
| Attribute | Value |
|---|---|
| Property use | Office |
| Agency reference | 4069942 |
| Apply Online | http://www.tmsandbox.co.nz/Browse/Jobs/ApplyOnline.aspx?mode=apply_online&referenceId=2149716478&sellerId=0 |
Description
Barfoot & Thompson Commercial are pleased to offer for sale 6 Alderman Drive, Henderson by negotiation.
The three-level standalone building has an A-Grade seismic rating and is 100% leased, providing a net return of $986,562 p.a. with a weighted average lease term of 5.7 years.
Situated on a high-profile 4,058m² site, this attractive commercial office building has been well-maintained and provides 87 on-site car parks.
The building is anchored by Grinding Gear Games, an NZ video game developer founded in 2006 and acquired by Chinese tech company Tencent in 2018.
Investors seeking a strong cash flow with an attractive yield, established tenants, and capital growth must inspect.
- $986,562 net income
- Established tenants - WALT 5.7 years
- 3,183m² well-maintained office building
- 4,058m² Freehold, high-profile corner site
- Metropolitan Centre zoning - 74.5m height
- 100% NBS seismic rating - A grade
- Strong cash flow with attractive yield