Colliers International NZ Limited has been exclusively appointed to market for sale by way of Deadline Private Treaty, 141-143 Central Park Drive, Henderson, Auckland, New Zealand (unless sold prior).
The property is returning $554,117 net pa + GST and has been home to Carters Building Supplies since 1995, who have renewed their lease term for a further three years commencing 1 October 2019 (one further option remaining of three years).
141 Central Park Drive is located parallel to the motorway on Central Park Drive, in the heart of the Henderson business precinct. Situated just 500m from the intersection of Central Park Drive and Lincoln Road, and some 750m from the State Highway 16 on and off ramps, the property provides unrivalled access as a distribution site and also to customers.
The 1.1860ha prime site has a low 28% site coverage and is substantially sealed in concrete. Not only is this property an excellent investment opportunity but also has future development potential with the substantial portion of the property’s value attributed to under-lying land value.
Offers are to be lodged at the offices of Colliers International, Level 1, Maki Street, Northwest Shopping Centre, Auckland or via email by 4pm Thursday, 10 October 2019.