PREMIUM INDUSTRIAL INVESTMENT

108, Mays Road, Onehunga, Auckland City

By Negotiation

Proposed Usage
Industrial
Floor Area
1238.00 m²
Description:
Property ID
1c3wv49

This strategic land holding totaling 2,561m² is located on the sought-after Mays Road. The zoning of the property is light industrial with good access to the site and building. The net lettable area is approximately 1,238.52m². The construction of the property is concrete block walls with long run iron roof built in 1987 with an IEP rating of 100%.

The property is leased to Webbing and Tapes REM Limited on a long-term basis. The rental is $150,000 plus GST and outgoings with market rental review every 2 years. Webbing and Tapes REM Limited are New Zealand's largest manufacturer of narrow fabrics. The company represents over 30 years of manufacturing experience in New Zealand supplying a wide range of customers both locally and internationally.

Onehunga is a highly sought-after area for tenants, which will provide certainty for investors looking for a safe investment. A significant benefit to the area is the completion of the extension of State Highway 20 from Mt Roskill through to Point Chevalier, which adds another blood line into the area with ease of access to the West.

Full information pack available on request. Viewings can be arranged during business hours.

KEY FEATURES:
• Profile and location
• A+ Grade IEP Report (100%)
• $150,000 plus GST rental
• Long term tenant & lease
• Freehold title totaling 2,561m²
• Car parking / container drop
• 1,238.52m² net lettable area
• Safe investment

Enquire about this property

Onehunga Area