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Albany

C/4 Ride Way, Albany, North Shore

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222sqm Floor area
5 Offstreet

Brand new three year lease - high return


• Brand new three-year lease commencing April 2025
• Leased for $51,000pa + GST and outgoings to a reputable and established tenant
• Five car parks
• Newly renovated offices with fresh paint, new carpet, and an upgraded bathroom (In motion now)
• Strong return of just over 5.5%
• Near-new roof installed within the last three years

This road-front industrial unit is an excellent opportunity for investors looking for a secure, income-generating asset. Opportunities like this rarely come to market.

Located on Ride Way in Albany, this property is just minutes from the new Western Ring Route and provides easy access to both north and south motorways.

Under the same ownership for 20 years, the property has been well maintained, with a new roof installed within the last three years, providing excellent natural light in the warehouse. The unit offers dual access and includes five dedicated car parks.

Contact the Sole agent today Jaye Miller 027 376 1118

For Sale NZ$929,000 + GST (if any)
Jaye Miller

Jaye Miller

Industrial Sales and Leasing

Bayleys Real Estate Ltd, North Shore Commercial,
Licensed under the REA Act 2008
Scott Sylvester

Scott Sylvester

Industrial Sales and Leasing

Bayleys Real Estate Ltd, North Shore Commercial,
Licensed under the REA Act 2008

Features

Parking


Five exclusive-use car parks

Floor area details


222sqm (approximately) total floor area

Location


Road frontage in Albany, just minutes from the new western ring route

Accessibility


The unit is accessible via two entrances