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Substantial Auckland Industrial Investment

31,134 sqm freehold title | Returning $1,706,655 pa net + GST | 2.5% annual rental growth

 
 
21 Hobill Avenue
21 Hobill Avenue (2)
21 Hobill Avenue (3)
21 Hobill Avenue (4)
21 Hobill Avenue (5)
21 Hobill Avenue (6)
21 Hobill Avenue (7)
21 Hobill Avenue (8)

The Opportunity

Returning $1,706,655 pa net + GST, each of the three leases offer fixed 2.5% annual rental growth and market reviews on renewal. With total net lettable areas of 21,769 sqm, 21 Hobill Avenue features drive around truck access and ample car parking areas, while being strategically positioned in close proximity to the motorway.

Features: 

  • Returning $1,706,655 pa net + GST
  • 31,134 sqm freehold title
  • 2.5% annual rental growth
  • Under-rented asset – easy upside
  • Three established national tenants
  • 21,769 sqm Net Lettable Area
  • Drive around access & flat contour
  • Heavy Industry Zoning
  • Highly sought after industrial location

Don’t miss out – call either of the Sole Agents now for further information, or to register your interest.

*Boundary lines are indicative only.


Highlights

21 Hobill Avenue slide 2

31,134 sqm freehold title

Underpinned by a 3.11Ha parcel of prime, flat industrial land zoned Heavy Industry, the building is incredibly functional and benefits from sub 1.5% vacancy rates across the Auckland industrial market.

21 Hobill Avenue slide 1

Highly sought after industrial location

Seldom do opportunities exist to purchase versatile industrial investments with excellent fundamentals in one of Auckland’s most highly sought after industrial locations.


The Agents

Greg Goldfinch

Greg Goldfinch

National Director | Industrial

Auckland South

Licensed under the REAA 2008

Shoneet Chand - NEW BRAND

Shoneet Chand

Director

Auckland North

Licensed under the REAA 2008


Location


Sales Process

DEADLINE PRIVATE TREATY 9TH DEC 2021 4PM (UNLESS SOLD PRIOR)


Enquire Today