Investment - 9 Year Lease - $242,000 + GST + OPEX

SOLD - This listing was sold in December 2019
Price Reduced!

New 9 Year lease and a rental return of $242,000 + GST + OPEX makes this tenanted industrial building one of the best investments we have seen come to the market in Silverdale in recent times.

This property is a great investment and exceptionally well presented, arguably one of the smartest looking buildings in the area. This high stud warehouse has recently been professionally painted inside and out, new asphalt on driveway/parking area, epoxy painted concrete floors and refurbished offices - the list goes on!

The tenant, PaintPlus Colour Systems Limited has over 22 years experience making only water based paints using the latest, safest and environmentally conscious methods which include using the buildings own rain water catchment/storage system! Paint Plus has recently moved from the Wairau Valley.

PaintPlus continues to produce new products and pave the way in the international environmentally friendly paint industry. Its simple! If its not environmentally friendly, PaintPlus don't make it!

Visit their website: https://www.paintplus.co.nz/

Features:
- Freshly renovated/modernised building (1,702m²)
- Brand new 9 year lease
- $242,000 + GST + OPEX
- Blue Chip and experienced tenant
- Road frontage
- Low office ratio
- Fully sprinkled
- Vendor says sell!

Nationally recognised tenant, new 9 year lease, exceptionally presented building! What more could you want?

Please phone NAI Harcourts for more details.

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Main Property Features

Listing Number: NSC32839

Approx Floor Area:
1702 sqm
Property Type:
Warehouse, Industrial
Approx Floor Area
  • Office Square Metres: 170
  • Warehouse Square Metres: 1362
  • Mezzanine Square Metres: 170
Parking
  • Carparks: 18
Property Details:
Tenanted Investment
Tenure:
Unit Title
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NAI Harcourts North Shore

Cooper & Co Real Estate Ltd

Licensed REAA 2008

4/128 Hurstmere Rd
Takapuna
Auckland
Office website or View office details

Property Location