Bayleys are proud to present to the market units 1, 2 and 3, 21 Ben Lomond Crescent; a hard working industrial investment on a street front site in the tightly held and sought after Pakuranga industrial precinct.
Key features include:
• Diversified income stream
• Affordable standalone industrial
• Great profile and street frontage
• Future add value opportunities
Longstanding tenant Wholesale Meats Direct have a strong trading history in the area and occupy unit one which is 460sqm returning $65,000pa net. Units two and three of 213.3sqm and 216sqm each respectively, are leased to a single tenant at $70,000pa net providing a total rental income of $135,000pa net. The ownership of three unit titles effectively provides a standalone title with 2,023sqm (more or less) of land area offering the potential for long term redevelopment or repositioning.
There are limited options to get into the standalone industrial market and at a very attractive price point, this opportunity is one not to be missed. Register your interest with the listings agents today.
Nelson Raines
021 555 673
[email protected]
Tim Bull
021 127 1831
[email protected]
