Auction: 6.30pm, Thursday 5th of December 2019, in rooms at NAI Harcourts, 128 Hurstmere Rd, Takapuna (unless sold prior)
NAI Harcourts is favoured with instructions to take this sharply presented, split-risk investment property to the market. A reluctant sale due to a sudden change in circumstances offers an excellent opportunity to seize this soundly built and attractive property, tenanted by two stable businesses operating in niche markets. Both tenants have indicated strong commitment to the property with one re-signing a brand new 5 year lease on 1 November.
Situated centrally within North Shore's industrial hub, this future-proofed location offers generous road width and benefits from close proximity to nearby primary arterial connections linking with Albany Highway and both the Northern and Western motorway interchanges. The building itself is of modern tilt slab construction, with aluminium panel fascias, modern glazing and attractive surrounds.
KEY DETAILS: (all area values are approximate) A: 484m² - 10 car parks B: 406m² - 5 car parks Total Area: 890m² Two tenancies, currently returning $135,728 p.a.
An excellent opportunity for the savvy investor to snap up an outstanding split risk asset, while avoiding fussy body corporates and tenants you have little control of.
Video tour: https://youtu.be/lKp3cZb4ABQ
Detailed property information is downloadable from: https://www.propertyfiles.co.nz/property/NSC32933.
Call NAI Harcourts today for further information.
Thursday 5 Dec 6:30 p.m. (128 Hurstmere Road, Takapuna)