155sqm approx. high stud warehouse of quality construction, close to the motorway and rarely available in the Wairau Valley.
Leased to Mainbridge Civil Ltd for 3 years with 3 year Right of Renewal, returning $37,500* per annum Net (plus GST plus Outgoings).
* Rent increasing to $42,750 per annum Net from 01/03/2026. Rent review 01/04/2027.
Great first floor air conditioned offices with showroom and workshop area downstairs. Easy warehouse access, two car parking spaces and low maintenance construction makes this investment a winner.
Comprising:-
13sqm approx. Ground Floor Showroom/Office
43sqm approx. 1st Floor Air Conditioned Office
99sqm approx. High Stud Warehouse
155sqm approx. TOTAL
GV $890,000 plus GST (if any).
Selling this Commercial Investment Property BELOW GV - Be Quick!
Premium Commercial SOLE AGENCY. View By Appointment.
8d/89 Ellice Road, Glenfield, North Shore, Auckland
premium.co.nz/80599
By Negotiation