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Listed almost 12 years ago

ID#311283

Onehunga

Auckland City
Auction
0
0
1,779
(19,148.98 sq.ft.)
1,189
(12,798.28 sq.ft.)
proudly marketed by
Andrew Bruce
NAI Harcourts North Shore - Cooper & Co Real Estate Ltd MREINZ Licensed REAA 2008 - Takapuna
Andrew
0274 985 852
Message Me

Multi-Tenanted Industrial Investment - Heart of Church St

- Smart road front, 3 level building
- Multi-tenanted with 4 established tenants
- Site area 1,189m² approx
- Total floor area 1,779m² approx
- Current total net rental $115,400 pa + GST approx
- Excellent potential for rental growth

Available for the first time in over 30 years, 291 Church Street is a proven performer. This well presented, solidly built 3 level building with 4 tenancies has provided its owner with consistent income and occupancy plus good capital growth.
Situated on popular Church Street with easy access to the motorway this multi-tenanted industrial property has a total net annual income of approximately $115,400pa (+GST). Acknowledged as below market there is excellent potential for rental growth.
Built in the in the early 1970s, the property has a Grade B seismic rating being 74% NBS.

Vendor needs this sold - don't miss this opportunity.

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Agent

Andrew Bruce

NAI Harcourts North Shore - Cooper & Co Real Estate Ltd MREINZ Licensed REAA 2008 - Takapuna

Licensed Real Estate Salesperson (REAA 2008), Member of the REINZ

This property was photographed by

Bev & Rich Snyders

Media Specialist

Auckland North Shore, Rodney District

ID#311283

Onehunga

Auckland City
Auction
proudly marketed by
Andrew Bruce
NAI Harcourts North Shore - Cooper & Co Real Estate Ltd MREINZ Licensed REAA 2008 - Takapuna
Andrew
0274 985 852
Message Me

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