Otahuhu
A/13 Saleyards Road, Otahuhu, Auckland
+11
Industrial investment with road frontage
Key features:
• Renewed five-year lease returning $89,750pa net + GST
• Desirable building configuration with dual roller doors
• Growth location with excellent access to motorways
• Established automotive tenant
Positioned with frontage onto Saleyards Road, this tidy industrial investment is part of a functional complex that has convenient access to SH1, Great South Road and Sylvia Park. The premises predominately comprises medium stud warehousing accessed via multiple roller doors, the balance of the building provides tidy office/showroom accommodation over two levels. The tenant benefits from eight allocated car parking spaces predominately positioned in front of the unit.
Having occupied the premises since 2019, this entrenched tenant has an established business that benefits from the excellent exposure Saleyards Road provides. Savvy investors should consider this affordable investment opportunity in a high-growth industrial location.
William Gubb
Bayleys Real Estate Ltd, South Auckland,
Licensed under the REA Act 2008
Jane McKee
Commercial North Shore Ltd, Bayleys,
Licensed under the REA Act 2008
Features
Lease
Established tenant has leased the building long-term with built in rental growth.
Opportunity
Opportunity for astute investors to purchase a desirable asset with an attractive return.
Location
High growth location with excellent access to motorways and local amenities.
Prime frontage
Road front unit in the complex provides excellent signage / exposure onto a busy road.
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