9 Tawa Drive, Albany, North Shore

Industrial Investment with 'X' Factor

- A standalone industrial building on a high profile corner site in a desirable location
- Currently returning $245,000pa + GST and outgoings from an established multinational tenant
- Dual site access with multiple roller doors to the warehouse and air-conditioned offices
- Total floor area 1,458.58sqm (approximately) on freehold land of 2,457sqm (more or less)
- AUP (OP) Zoning light industry

For the first time on the market in over 20 years, finally an industrial investment worthy of your attention. Visible from the motorway, this property is situated in a highly desirable location in a tightly held estate.

Leased to multinational tenant Xylem Water Solutions New Zealand Limited on a renewed four year lease, the building benefits from a northerly aspect and close proximity to motorway interchanges.

With 25 car parking spaces and container drop off areas available onsite, this investment ticks the boxes.

Tenancy Details:
Name of Tenant: Xylem Water Solutions New Zealand Limited
Term of Lease: Four (4) years
Commencement Date: 1st April 2018
Rights of Renewal: One (1) further term of four (4) years
Net Rental: $245,000pa + GST and outgoings

Auction (unless sold prior)
11am, Wednesday 27th June 2018
Bayleys House, 30 Gaunt Street,
Auckland Central.