BULLET PROOF ALBANY INDUSTRIAL ASSET
1/2, Cebel Place, North Harbour, North Shore City
Price On Application
- Proposed Usage
- Floor Area
- 683.00 m²
- Property ID
Enquire about this property
Perfectly positioned on the high profile corner of Bush Road & Cebel Place is this generic 683m² industrial building that will suit both investors and owner occupiers. The well-established current tenant, Albany WOF Centre 2010 Limited (sub-lessee: Bush Rd Tyres & Alignment Limited) has occupied the building since 2010 with their current lease now expiring in October 2020.
Returning $119,000 pa net, the building has a very low office ratio, 493m² clear-span warehouse and is one of only two units on the title. The property also features dual street access, dual wide roller doors, ample car parking and massive exposure to Bush Rd which has thousands of vehicles passing daily for any business to be noticed.
This is a rare opportunity to acquire a building that will allow automotive use in this tightly held location – with a cluster of neighbours that include Pit Stop, Beaurepaires, Crown, Hydroflow, KEA Campers, Glasscorp etc you will be in very good company! The industrial market on the North Shore is currently experiencing record low levels of vacancy and functional high-profile buildings like this are in demand.
Combined with this, the property provides easy access to many key Albany landmarks as well as both the Northern Motorway & State Highway 16. Seldom are industrial properties of this calibre offered for sale in the North Shore market.
Do not miss out – call either of the Sole Agents Matt Prentice (021 464 904) or Shoneet Chand (021 400 765) now for further information.