New Lynn Industrial Investment Opportunity

76, Delta Avenue, New Lynn, Waitakere City

Auction

Proposed Usage
Industrial
Description:
Property ID
1c61947

Bayleys are proud to offer the tenanted investment property located at 76 Delta Avenue, New Lynn for sale by way of Auction, 17th July 2019 (unless sold prior).

- Currently returning a total of $113,000 p.a. (plus GST and outgoings) from 2 tenants
- 1,387sqm standalone freehold site with excellent road frontage
- Zoned Business - Light Industry
- Favourable IEP status

Located within the established and highly sought-after New Lynn industrial and commercial precinct, this property presents a rare opportunity to acquire a standalone property in this tightly held location.

The main tenant is an established construction sector operator who has been in this location for several years visit website: https://www.fisherwindows.co.nz/contact/manufacturer/1164/auckland/fisher-west-auckland/

Currently returning $113,000 per annum (plus GST and outgoings) from the two tenancies, with favourable tenancy agreements, this property represents an opportunity for a range of purchasers including investors, land bankers and future owner occupiers.

For sale by Auction (unless sold prior), at 2pm, Wednesday 17th July 2019.

Call the sole appointed agents now for full details on this property including lease details and viewing arrangements.

Mike Adams
021 977 527

Jean-Paul Smit
021 021 61616

Enquire about this property

New Lynn Area