Multi-tenanted Industrial – Screams Potential

11, Colway Place, North Shore City

Auction

Proposed Usage
Industrial
Floor Area
803.20 m²
Description:
Property ID
1c2qqqm



Colway Place is a busy cul-de-sac off Ashfield Road in the heart of the Wairau Valley industrial precinct. This location allows for easy access to the Northern Motorway interchange at Tristram Ave via Diana Drive and Wairau Road.

Opportunities to secure mid-size industrial units within the Wairau Valley are rare, here’s your chance to acquire three!

Sitting on an attractive 1716m² freehold title, the total building area of 803.2m² (approximate) is split into three separate units with excellent ratios of warehouse to office.

Unit A Warehouse 214.3m², Grd floor Amenities 23.4m, 1st floor office 60.2m² with 5 car parks.Unit B Warehouse 140.9m², Grd floor Amenities 19.5m², 1st floor office 40.5m² with 4 car parks.Unit C Warehouse 215.7m², Grd floor Amenities 31.8m², 1st Floor office 56.9m² with 6 car parks.

A total net return of $102,109 pa from the various lease terms with rights of renewal through to 2028.

After 37 years of ownership the trust is now selling the property by way of Auction which will be held in the offices of Colliers International North Shore level 1, 129 Hurstmere Road Takapuna on Wednesday 5th September 2018 at 11.00am.

This is a must see. Call the Sole Agents for further detail. Euan Stratton 027 5807 439, Matt Prentice 021 464 904 & Shoneet Chand 021 400 765

Enquire about this property

North Shore City Area