4/21 Porana Road, Wairau Valley, North Shore

Industrial investment with rental growth

This is an excellent opportunity for investors and owner-occupiers to acquire a unique industrial asset in the popular Wairau Valley precinct. The property comprises a two-level building with a total floor area of approximately 432sqm, fully sprinklered, and consisting of both warehouse with 6m stud height and office space. Currently, the property is being used for the manufacturing of high-end garments, from sampling to cutting and finishing.

The location is easily accessible via the Northern Motorway, which provides a direct link to Auckland's city centre and the wider Auckland region. The location is home to a range of businesses, including manufacturing, warehousing, and distribution. The demand for this locality has been very strong for many years and has kept vacancy rates at single digits.

Key features include:
• Attention investors and owner-occupiers
• Currently returning $45,008.54pa + GST
• Market rent review in June 2023

Due to the current lease term, the time is perfect for investors and owner-occupiers to plan and secure the future for your business. Inspections are by appointment only, please call the sole marketing agents for further information.