- For Sale
For SaleDeadline Private Treaty
This asset has quality fundamentals, excellent Airport location, great tenant and on a corner site.
The industrial facility totals 1,712m² of net lettable area. The unit, which is separate from the other units in the block has an approximate land content of 4,000m².
Leased to Te Tai Poutini Polytechnic, the property is currently returning $190,850 net pa + GST. It benefits from rental upside, with a four year renewal due in August 2020.
This desirable corner location benefits from exposure to both Ascot and Montgomerie Road. Situated in the heart of the highly sought after Airport precinct, the property enjoys great motorway connectivity.
Ref #: 215993