Affordable industrial investment -realistic vendor

B/35, Saleyards Road, Otahuhu, Auckland City

By Negotiation

Proposed Usage
Industrial
Floor Area
426.00 m²
Description:
Property ID
1c5d3tk

Affordable industrial investment -realistic vendor

• Fee simple land holding of 994sqm (more or less)
• Split risk investment with long term tenants
• B Grade IEP (Seismic) rating
• Returning a combined income of $68,050pa plus GST and Outgoings
• Motivated and realistic vendor

35B Saleyards Road is a bite-sized industrial investment property that ticks all the boxes.

The property is fully tenanted returning $68,050pa plus GST and Outgoings from three established tenants offering a diversified rental income stream. The anchor tenant attributable to 50% of the income signed a five year lease from October 2018 minimising vacancy risk.

Solid block construction and a 70% seismic (IEP) rating on a fee simple land parcel of 994sqm (more or less) presents an investment opportunity that is highly sought after yet rarely found.

Our vendors instructions are clear, a change of circumstance means that this will be sold so ignore any previous pricing expectations.

Tony Chaudhary
021 995 121
tony.chaudhary@bayleys.co.nz

Nelson Raines
021 555 673
nelson.raines@bayleys.co.nz

Amy Weng
021 177 3422
amy.weng@bayleys.co.nz

Enquire about this property

Otahuhu Area