43 South End Avenue
Raumanga, Whangarei District
Raumanga, Whangarei District
SOLD
Tidy Industrial With National Tenant
A highly attractive industrial investment property purpose built for CablePrice in 2004.
CablePrice are just over 4.5 years into their second 10 year term, with market rent reviews every three years.
This property is ideally situated on South End Ave, amongst compatible businesses and with easy access onto state Highway 1.
The high stud 8 bay workshop includes a mechanics pit, gantry rails, 14 motorised roller doors. Three of the bays were added in 2007 and designed for heavy machinery. Tidy offices, large comfortable staff facilities, mezzanine storage, drive around access, plenty of yard space and a wash bay complete this functional premises.
Tenant improvements include air-conditioning units and electrocuted and alarmed yard for secure storage of vehicles and machinery.
With 5.5 years to run on the lease, industrial tenancies in low supply in Whangarei and little industrial land available for development in central Whangarei, this property is as safe as they get.
Contact Megan McGregor today for further information on this bankable asset.
Auction 5:00 pm Wednesday 29 May 2019 (unless sold prior)
Unable to make it? Register to bid and/or watch the auction live with GAVL here (click follow to be notified when the auction goes live!!): https://x5u9a.app.goo.gl/FHAB
CablePrice are just over 4.5 years into their second 10 year term, with market rent reviews every three years.
This property is ideally situated on South End Ave, amongst compatible businesses and with easy access onto state Highway 1.
The high stud 8 bay workshop includes a mechanics pit, gantry rails, 14 motorised roller doors. Three of the bays were added in 2007 and designed for heavy machinery. Tidy offices, large comfortable staff facilities, mezzanine storage, drive around access, plenty of yard space and a wash bay complete this functional premises.
Tenant improvements include air-conditioning units and electrocuted and alarmed yard for secure storage of vehicles and machinery.
With 5.5 years to run on the lease, industrial tenancies in low supply in Whangarei and little industrial land available for development in central Whangarei, this property is as safe as they get.
Contact Megan McGregor today for further information on this bankable asset.
Auction 5:00 pm Wednesday 29 May 2019 (unless sold prior)
Unable to make it? Register to bid and/or watch the auction live with GAVL here (click follow to be notified when the auction goes live!!): https://x5u9a.app.goo.gl/FHAB
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