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MODEST INDUSTRIAL UNIT WITH INCOME
On offer is a solid concrete work horse type of property in the sought-after precinct of Silverdale Industrial. Seldom available for sale these units are in great demand from trade businesses as the recent trend shows that light Industrial properties are experiencing a record low vacancy rate.
With huge residential growth in progress and much more is still to come in this region North of Auckland which includes Silverdale, Millwater, Milldale, Ara Hills, Pacific Heights and within the wider Hibiscus Coast region. This creates demand for commercial properties to cater to the growing needs for a wide range of businesses.
This short-term tenanted property yielding $25,000 p.a. net income with over a year and half to go, is well suited to attract a wide range of buyers. Be it owner occupiers wanting to occupy in future to upsize or downsize according to their needs or tenants wanting to get away from leasing and owning their own premises or investors who would like better returns in a growing demand environment.
This could also be an ideal lock up and leave property for recreational buyers wanting to park their boats or cars alike or would like to do some reno work on their toys.
This is a low maintenance property within an established complex having low overheads in terms of outgoings which will be a real value proposition for the savvy buyers of industrial properties. Telos Group Commercial are pleased to be appointed as sole agents and we recommend a prompt viewing and quick action to avoid disappointment.
Price: By Negotiation
Floor Area: 161 m2 ( more or less )
Tenanted: Until June 2022
Income: $25,000 pa + GST + Outgoings
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