Diverse Albany Investment with ‘A’ Grade ...

229, Dairy Flat Highway, Albany, North Shore City

Price On Application

Proposed Usage
Office
Floor Area
6736.50 m²
Land Area
10400.00 m²
Description:
Property ID
1c6fndh

Diverse Albany Investment with ‘A’ Grade Tenants



Colliers International is proud to exclusively present this exceptional investment opportunity underpinned by multiple ‘A’ grade tenants, strong WALT and clear future development potential in a central North Shore location.

Featuring a 10 year WALT from June 2019, the total offering is returning $1,910,165 pa + GST from five established tenants. With Massey University, Auckland Council & Quest Albany responsible for over 97% of the total income, this is an excellent investment opportunity with outstanding tenant covenants that must be carefully considered. The 1.04Ha ‘Business – Local Centre’ zoned site is ideally located in Albany Village with many key landmarks in close proximity including, Massey University, Westfield Albany, multiple apartment blocks, Settlers Retirement Village, Kristin & Albany Senior High Schools, QBE Stadium and many more. The location also provides for easy access to both the Northern & Western motorways with a 20 minute drive to Auckland’s CBD in non-peak hour traffic (approx).

For further information or to register your interest, contact either of the Sole Agents now – Matt Prentice (021 464 904) or Shoneet Chand (021 400 765).

Enquire about this property

Albany Area