‘A’ Grade Industrial Opportunity + ...

8, John Glenn Avenue, Albany, North Shore City

Price On Application

Proposed Usage
Industrial
Floor Area
1766.20 m²
Land Area
4442.00 m²
Description:
Property ID
1c5lq80

‘A’ Grade Industrial Opportunity + Expansion Land



Centrally positioned in the heart of the North Harbour Industrial Estate is this unique opportunity for an occupier, investor or developer to acquire a premium quality industrial building developed by KEA Property Group, with an additional 1,265m² of undeveloped land for building expansion of up to 1,100m² (approx).

Featuring an impressive 1,268.5m² (10m - 11m) high stud warehouse (approx), three roller doors, hard stand yard areas and canopy area, this is one of the best industrial facilities on the North Shore! Combined with an office area of only 216.7m², this results in an office ratio of only 14% which is practically unheard of for industrial buildings of this era.

With the current, short-term tenant paying $270,000 pa net, this is a significant add value opportunity in a very tightly held market. This really is as good as it gets when it comes to industrial property – do not miss out!

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Albany Area