Are you looking for an add-value investment opportunity? Then look no further - purchase this tenanted industrial premises with upside.
This hardworking warehouse sits off the main road offering privacy with large yard at the front and rear of the building for storage, container de-vanning and staff parking.
The potential is massive! The current owners are well down the track for a residential development on this site, however regrettably they have had to prioritise other developments. Alternatively, the building would benefit from a future renovation within its existing use.
Conveniently located on Northcote Road, mere minutes to SH1 motorway interchange.
Key Details - Returning $140,000 net p.a - Term 5 years from 1/11/2017 - Land 5,118m² (more or less) - Building 1,024m² (approx.) - CPI rent reviews - Secure yard - 100% NBS rating (earthquake rating)
Call the commercial specialists at NAI Harcourts today to view. Capitalise on our vendors other priorities and secure this asset as they demand it sold immediately.
Thursday 24 Oct 6:30 p.m. (128 Hurstmere Rd, Takapuna)