Multi tenanted investment with excellent return

A/179, Archers Road, Wairau Valley, North Shore City

By Negotiation

Proposed Usage
Industrial
Floor Area
1409.00 m²
Description:
Property ID
1c2sglj

PROPERTY FEATURES:
- Building comprises retail, offices and warehouse
- Total building area approx. 1,409sqm
- Fully leased returning $259,040pa + GST
- All leases with personal guarantees
- Earthquake rating 100% NBS (A-Grade)
- Resource consent approved for residential apartments

INVESTMENT:
Excellent opportunity to secure a fully leased multi tenanted investment offering a very good return. Take advantage of the good lease terms along with competitive rental rates and personal guarantees - this is a must for all astute investors looking to add to their existing portfolio.

FUTURE DEVELOPMENT:
Resource consent has been approved for a multi-level residential apartment development which includes 14 three bedroom apartments. The ground floor will consist of retail with storage and covered car parking.

LOCATION:
Located in the sought after Wairau Valley, the property provides excellent profile and exposure to a high volume of traffic flow with convenient access to public transport links and motorway interchanges. The location is within a 5-10 minute drive of the Takapuna retail and commercial centre whilst the Auckland Central Business District is within a 15-20 minute drive during normal traffic flows.

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Wairau Valley Area