HIGH PROFILE INVESTMENT

2/85, Ben Lomond Crescent, East Tamaki, Manukau City

By Negotiation

Proposed Usage
Industrial
Floor Area
611.00 m²
Description:
Property ID
1c6s5yz

The property comprises a well appointed, functional industrial facility occupying a prime position fronting Cascades Road.

The location is hard to match, with a large residential catchment a stone's throw away in Auckland's eastern suburbs of Pakuranga, Botany and Howick. The arterial route of Ti Rakau Drive provides a direct link to the East Tamaki precinct and the Southern Motorway.

The building itself comprises 611m² and is split into two separate tenancies.

The head tenant, being The Christmas Cake Company, occupies 503m² on a new six year lease paying $72,595 pa + outgoings and GST. The space is a mixture of high stud warehouse, tidy office and amenities and food grade bakery area.

The secondary tenant is a long-standing commercial garage occupying 108m² on a new three year lease paying $18,800 pa + outgoings + GST.

Investment highlights:
• Total income $91,395 pa + outgoings + GST
• 611m² GFA
• 17 dedicated car parks
• 90% IEP rating (available on request)

For more information or to arrange a viewing, contact:
Nikolai Vulinovich - 021 283 8180 / n.vulinovich@barfoot.co.nz
Katie Wu - 027 230 7895 / katie.wu@barfoot.co.nz

Enquire about this property

East Tamaki Area