68 Portage Road, Otahuhu, Auckland

Immaculate industrial investment - freehold site

Key feature:
• Versatile industrial building with dual roller doors
• Fee simple landholding zoned Light Industry
• Renewed three-year lease returning: $97,532pa net + GST
• Refurbished to a high standard in 2020 including a full roof replacement

Well positioned with frontage onto Portage Road, this extremely tidy industrial building provides a desirable opportunity for investors. The building is configured to predominately provide high-stud warehouse with excellent access via two roller doors. Tidy office accommodation and amenities are included over two levels and provide a mixture of open plan and partitioned space. Ample secure parking or yard is located toward the front of the site, this area also has ability for container devanning. Investors will benefit from the excellent condition of the property; an extensive refurbishment of the premises was completed in 2020. The current tenant is an established business that has recently renewed their lease for another three years, the lease structure provides future growth for investors.

Conveniently located with ease of access to State Highway 1, Great South Road and Sylvia Park, this industrial investment ticks all the boxes.

All investors should consider.

For more information, feel free to contact your SOLE AGENTS today.
William Gubb
021 145 6811
william.gubb@bayleys.co.nz

James Valintine
021 023 71868
james.valintine@bayleys.co.nz

James Hill
021 599 529
james.hill@bayleys.co.nz