57 Angle Street, Onehunga, Auckland

Heavy Industry heartland - triple net lease

• 6,189sqm (more or less) freehold site with a 1,846sqm (more or less) Industrial building and substantial rear yard area
• Leased long-term returning $333,494 p.a. + GST with built-in rental growth
• Highly sought-after Heavy Industry zoning
• Well-connected location with easy access to both SH 1 and SH 20

A hard-working, versatile industrial property providing long-term, growing cash return, with the benefit of a triple net lease, coupled with strong underlying land values. The property enjoys dual street access and provides for heavy industry use, a scarce commodity in locations this close to Auckland City. The neighbouring property at 63 Angle Street is also for sale and could be purchased together. A hands-off investment in the middle of Auckland's Industrial heartland.

For further information, please contact:
Sunil Bhana
+64 21 938 660
sunil.bhana@bayleys.co.nz

Mike Houlker
+64 21 945 927
mike.houlker@bayleys.co.nz

James Valintine
+64 21 023 71868
james.valintine@bayleys.co.nz