OUTSTANDING CITY FRINGE INVESTMENT – Asking ...
9, Gordon Road, Morningside, Auckland City
Price On Application
- Proposed Usage
- Floor Area
- 1542.50 m²
- Land Area
- 1815.00 m²
- Property ID
OUTSTANDING CITY FRINGE INVESTMENT – Asking $5,200,000
Asking price of $5,200,000 + GST
Strategically positioned in a key Auckland City Fringe location, is this quality freehold industrial investment with a proven tenant on a new 4 year lease term.
Returning $258,000 p.a. net + GST, this rare offering features a 1,542.5m² functional stand-alone building on a 1,815m² freehold title. The property also offers 12 car parks with clear opportunity to add more on site by removing basement storage (subject to obtaining the necessary consents).
Underpinned by its locality within the resurging city fringe suburbs of Morningside & Sandringham, this property is surrounded by desirable residential and mixed-use development land. The offering is currently in its purest form and is likely to significantly benefit from a number of considerable developments all in very close proximity. Industrial Property is well known as today’s most sought after sector and in 9 Gordon Road you have an investment which ticks all of the boxes - all within 10 minutes drive of Auckland’s CBD.
This is one you do not want to miss out on! Call either of the Sole Agents Shoneet Chand (021 400 765) or Jonathan Lynch (021 900 611) now to register your interest or to arrange a viewing.