Affordable industrial investment -realistic vendor

B/35, Saleyards Road, Otahuhu, Auckland City

By Negotiation

Proposed Usage
Floor Area
426.00 m²
Property ID

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

Nelson Raines
021 555 673

Amy Weng
021 177 3422

Enquire about this property

Otahuhu Area