Affordable split risk investment - will be sold
B/35, Saleyards Road, Otahuhu, Auckland City
Price On Application
- Proposed Usage
- Floor Area
- 426.00 m²
- Property ID
• Fee simple land holding of 994sqm (more or less)
• Split risk investment with long term tenants
• 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.
021 995 121
021 555 673
021 177 3422