1960s Building approx. 4,500m2 in total area, on 8,200m2 site (in four Freehold Titles) provides yard area and approx. 58 carparks.
High stud warehouse approx. 2,700m2 plus lower stud area, Offices and amenities (cafeteria), etc.

Leased to Northpower, whose 2011 lease has expired, with a new lease of four years from 1st January 2016, next Rental Review 2018.
Nett Rental approx. $278,000 pa plus GST (with Property Management).

Yields 8.68% nett on price $3,200,000 (plus GST, if any).

Opportunity for Owner-user Buyer to purchase for future occupation by not granting new lease, servicing 8.68% nett yield in meanwhile, or, attractive yield to Investor.

For full detail and inspection (by appointment only) through the Sole Agent, contact:

Matt Clarke on 0274 409 608

Paul Hastings on 0274 494 852