Patiki Road, Avondale - Prime investment opportunity!
This heavy industry zoned Investment property with a long term tenant is for sale after being held by our vendors family for 30 years and is offered to the market for sale by Auction.
The property offers a road front freehold site of 1770m2 (more or less) and total building area of 787m2 (approx) and rear yard area with location being the key - Patiki Rd is renowned as one of West Aucklands most prominent and desired industrial precincts!
The Tenant has occupied for 13 years and offers a new lease that commenced in June 2021 on a Four year term and one right of renewal offering an opportunity for investors/land bankers to own a landholding in the popular and sought after Industrial Rosebank Peninsula.
Property Features:
• 1770m2 (more or less) Freehold property.
• Current lease returning $120,104 net pa from 1st June 2024
• Prime opportunity for investors and land bankers
• Zoned Business-Heavy Industry
• Easy Access to the Northern motorway and only 10min to Auckland CBD
This property is a proven investment and after 30 years in the family our vendors are now ready to sell, providing an opportunity for an investor looking for a freehold site with a long term tenant and positioned on the busy Patiki Road with very quick and easy Motorway access via the Northwestern Motorway.
For a full information pack and auction details please contact sole agents Trudi Pirini 0273333182 Ray White Austar Realty Ltd - Commercial Division
