Investment sale

1738, Dairy Flat Highway, Silverdale, Rodney

Price On Application

Proposed Usage
Development Site
Floor Area
5481.00 m²
Land Area
5481.00 m²
Description:
Property ID
1c6stz5

- Currently returning a net rental of approximately $139,000pa + GST
- 5,481sqm more or less freehold site, poised for the Silverdale West zone change
- Situated on the corner of the Silverdale Dairy Flat off-ramp
- Fully consented car sales yard, (91 vehicles plus four staff parking)
- New five year plus lease

The property is a fully fenced and sealed car sales yard, which includes a newly installed septic tank. The site is located in a prime position as you exit and enter the motorway off and on ramp at the SIlverdale and Dairy Flat intersection. Additional income is received from the Two Degrees Cell Tower.

U-Sell lease commenced August 2019 and the yard is beginning to fill rapidly (30 plus cars now on site). U-Sell displays cars for private vendors for a monthly fee. There are no commission charges and the tenant does not own stock.

Silverdale West structure plan proposes largely Industrial zoning for this area. Silverdale is one of the fastest growing regions in New Zealand, in both residential and commercial markets. Residential developments such as Milldale and Halls Farm are now being undertaken on the western side of the motorway nearby, making this an ideal property for all investors looking for a passive investment in a fast growing developing location with potential for future development.

Please call sole agents Rosemary Wakeman (021 225 4960) or Matt Mimmack (021 229 5878) for additional information


https://www.u-sell.co.nz/main/browse/branch-auckland-silverdale.html

Please note boundary lines are indicative only.

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Silverdale Area