Investment or Owner/Occupier in Wairau Valley

A/171-173, Archers Road, Wairau Valley, North Shore City

By Negotiation

Proposed Usage
Industrial
Floor Area
516.00 m²
Description:
Property ID
1c2tbyt

Bayleys is delighted to present the sale of this investment/owner/occupier property in Wairau Valley.

FEATURES INCLUDE:
- Cafe tenant returning $25,920 per annum + GST + OPEX
- Storage tenant returning $5,426per annum
- Potential rental income approx. $80,000 per annum
- Floor area approx. 516sqm (cafe + residential/massage + warehouse + detached storage)
- Popular commercial and industrial location
- Road front profile
- Light industry zone

INVESTMENT
Three individual commercial tenancies with income approximately $80,000 + GST. Lease documents available upon request.

OWNER OCCUPIER
The rear part of the building (residential/massage + warehouse) of approximately 403sqm is vacant for own occupation or possible lease back from the current vendor.

LOCATION
The predominant use within Wairau Valley is traditional industrial and service related
business although there is an increasing level of bulk retail activities becoming evident
through new developments and also the refurbishment of older existing buildings.

In recent years large occupiers such as Pak-n-Save, Mitre 10 Mega and Bunnings have
moved into the area. However there are also still more traditional large industrial properties
such as Carters timber yard and ITM.

This location is approximately 9 kilometres north of the Auckland central business district
and port via the Harbour Bridge, whilst the centre of Takapuna is within 10 minutes drive
under normal traffic conditions.

(Note: Bayleys North Shore Commercial has not measured the building and cannot represent the accuracy of the above information)

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Wairau Valley Area