Investors should look at this affordable offering of a brand-new light industrial unit in the fast-growing town of Warkworth, yielding a net income of $22,000 pa + GST + outgoings. Leased on a two-year term with further rights of renewal to an established Kitchen Installation business, this low-risk investment will give you better returns than the Bank in this current environment.

Ideal entry-level proposition for commercial buyers including fist timers or those wanting to switch from residential to commercial investments. These light industrial type units are in great demand from trade businesses as the recent trend shows that such properties are experiencing a record low vacancy rate.

This unit has a high stud, tilt slab -steel construction, double entry & double roller doors within a boutique 13-unit brand new complex having shared amenities which include kitchen, toilets, shower, hot desks, meeting room, Wi-Fi, printer & locker facilities

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. Price by Negotiation

Income: $22,000 + gst + opex
Unit 12: 85 m2 ( more or less )