A high profile, Wairau Road investment is now available for the first time after 24 years, the proud owners have decided now is the time to move on.
Sitting on an enviable 1,525m² freehold title on one of the North Shore’s most prestigious arterial routes, 120 Wairau Road has a commanding 860m² building with massive visibility and signage opportunity to the large amount of passing traffic. The building provides a generic layout with glazed front showroom, first floor office and medium stud warehouse with roller door entry, excellent natural light, ample on-site car parking and a fully secure side yard.
With 30 years in business, Tile Warehouse has reached unprecedented status as a supplier of first-quality tile and stone including porcelain, ceramic, glass and metal tiles, mosaics and natural stone..
The tenant has recently signed on for a further 6 years with the current annual income of $179,327 net + GST.
The Wairau Valley Commercial and Light Industrial precinct is within close proximity to the Auckland CBD via the Northern Motorway and has a well-established surrounding residential catchment.
Opportunities to acquire investment stock, albeit on Wairau Road – the most tightly held Road are rare to the market.
The property will be Auctioned on Wednesday 3rd July 2019 and will not be sold prior.
Inspection by appointment only so call today.
- Contact our experts for details on this transaction