SOLD
Better Returns than Residential!
On offer is a brand-new light industrial unit in an upcoming high growth town of Warkworth. Leased on a two-year term with further two rights of renewal and returning a net income of $22,000 pa + GST + Outgoings. This is an outstanding and affordable proposition well suited to attract a wide range of commercial buyers including those wanting to switch from residential to commercial investment properties.
These light industrial units are in great demand from trade businesses as the recent trend shows that there is a record low vacancy rate plus the town is on the verge of huge developments once the motorway link is open.
These are low maintenance properties with high stud, dual roller doors, tilt slab and steel construction within a boutique 13-unit brand new complex having shared amenities which include kitchen, toilets, shower and meeting / boardrooms.
Based in the established industrial belt of Warkworth with known businesses nearby which include the newly opened Placemakers, Repco and Resene. There are huge developments across the wider Rodney region beyond North Shore and Warkworth is destined to be the next hot spot in future. The new Puhoi- Warkworth motorway link that is due to open 2021/2022 will be a game-changer for the region and its surrounding areas.
Telos Group Commercial are pleased to be appointed as a sole agency, contact Mustan for more details and viewing.
For Sale: Price by Negotiation
Floor area: 90 m2 ( more or less )
Income: $22,000 pa net + GST + outgoings