Substantial Auckland Industrial Investment

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.

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.

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.

Greg Goldfinch

National Director | Industrial

Auckland South

Licensed under the REAA 2008

Call Now

Shoneet Chand

Director

Auckland North

Licensed under the REAA 2008

Call Now

Substantial Auckland Industrial Investment

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

The Opportunity

Highlights

31,134 sqm freehold title

Highly sought after industrial location

The Agents

Greg Goldfinch

Shoneet Chand

Location

Sales Process

Enquire Today