Westgate
1/3 Topere Way, Westgate, Waitakere
+13
A-grade industrial investment with rental growth
• Prime industrial investment in Auckland's newest town centre
• Leased to I Love Ugly Limited, returning a net rental of $245,500pa + GST (from 1 April 2025)
• Exceptional design and layout with stylish offices and a functional warehouse
• 16 car parking spaces, with a canopy and container drop area onsite
Hard to find, we are pleased to offer this well-appointed passive industrial investment to the market.
Located in Auckland's newest town centre, Westgate, the property was built in 2022 and leased immediately upon completion.
The building has an extremely functional layout with well-appointed offices and showroom at the front and high stud clear span warehousing behind with two roller doors. The development benefits from secure access for the tenant with concrete driveways and parking making this a hands-off investment for the future.
With a reputable stylish Tenant in situ and rental growth moving forward, this is a clean investment worthy of your attention.
Matt Mimmack
Commercial North Shore Ltd, Bayleys,
Licensed under the REA Act 2008
Mark Preston
Bayleys Real Estate Ltd, Northwest,
Licensed under the REA Act 2008
Laurie Burt
Commercial North Shore Ltd, Bayleys,
Licensed under the REA Act 2008
Features
A-grade
Attractive industrial building completed in 2022
High stud
High stud warehousing accessed via two roller doors
Anchor tenants
Established tenants
Opportunity
Fixed rental increases and market growth
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