Colliers is proud to present the ultimate bite sized industrial investment, located in a commanding road front position at 6 Paramount Drive, Henderson.
Situated in a block of 3, Unit 1, 6 Paramount Dr is occupied by a longstanding automotive tenant, performing as a service centre to the neighbouring Ssangyong Car Yard, who has recently entered into a new 5 year lease, with fixed growth throughout.
Returning $66k pa net, astute investors will appreciate this bite sized investment ticks all the boxes:
- 5 year lease term, plus rights of renewal
- Longstanding tenant
- Guaranteed annual rental growth
- High warehouse ratio (88%!)
- 5.1 – 5.9m high stud warehouse
- Dual roller door access
- 6 carparks
- High profile position
- Low vacancy location
Seriously for sale – call the sole agents today to present your offer!
Matt Prentice 021 464 904, Shoneet Chand 021 400 765 and Jack Tuson 027 448 1148
Features:
* Returning $66k pa + GST + Opex
* 240.4 sqm Industrial premises
* Commanding road front position
* 5 year lease from August 2023
* Fixed annual rental growth
* Market reviews throughout
* High warehouse ratio (88%)
* 6 carparks
* Dual roller doors!
* Sole agency
