Attractive Return on Offer!

6, Monier Place, Mount Wellington, Auckland City

Price On Application

Proposed Usage
Industrial
Floor Area
2873.00 m²
Land Area
4570.00 m²
Description:
Property ID
1c73wn9



FOR SALE BY DEADLINE PRIVATE TREATY offers closing 4pm Wednesday 13th November 2019 (unless sold prior).

Colliers International are proud to present this tenanted investment where a solid return is on offer for the incoming purchaser. The property is occupied by two separate tenants, each of whom occupy their own standalone building on-site. Both tenancies are on slightly below market rentals and present the incoming owner with some add-value opportunities. 

In total, the property is returning $474,322 net pa + opex + GST and is positioned at the end of Monier Place - a cul-de-sac in Mt Wellington. The buildings comprise of one standalone warehouse that enjoys good natural light, dual roller door access and a good stud height throughout. A small, recently refurbished office block is also built within.

The second building is an office block fully occupied by a well-known nationwide tenant with 4 and half years remaining on their current lease term with rights of renewals beyond that. 

KEY FEATURES

- Returning $474,322 net p.a plus opex & GST 

- 2,836m² NLA

- 4,570m² land area

- Two tenancies 

Mount Wellington is a highly sought after location due to it's ease of access to Auckland's main motorway networks and main arterials. It also benefits from close proximity to nearby labour pools and an abundance of amenity, such as the Sylvia Park Shopping Centre being only 7 minutes drive away. 

Viewings are strictly by appointment only so please contact the sole agents to arrange a time and for all due diligence documentation.

Trademe client please go to www.colliers.co.nz/215678

 

Jeremy Barnett

021 500 972

jeremy.barnett@colliers.com

 

Ben Cockram

021 245 5855

ben.cockram@colliers.com 

 

Enquire about this property

Mount Wellington Area