Colliers is proud to present to the market 15 Fremlin Place, Avondale.
Owner-occupiers and investors alike will see the upside of having a fantastic building in the heart of the Rosebank Peninsula - Auckland's premium industrial location, the closest to the CBD.
The property comprises of 574m² medium stud warehouse with 215m² office space split over two levels and has the added benefit of 435m² yard. The regular-shaped freehold site totals 1,148m².
Constructed of concrete block and aluminium joinery, the property was completely re-roofed in 2013.
Tenanted to Blastone until January 2027, allowing for owner-occupiers to plan ahead their move into this well-presented industrial freehold property.
Currently returning $147,912 net p.a. + GST, with a market review in January 2025, reap the benefit of the income now in this low-maintenance property.
Opportunities like this property rarely present themselves in this location. Be quick to receive an information pack and arrange viewings via the sole agents.
Features:
* 574m² warehouse, 205m² office, 11m² canopy with ample yard
* Standalone freehold site of 1,148m²
* 18m road frontage to Fremlin Place
* Leased for 4 years from 16 January 2023
* Final expiry of the lease is in January 2027
* Returning $147,912 net p.a. + GST
