Industrial Unit for Sale, 528-558 Rosebank Road, Avondale, 1026 - CBRE Commercial

Overview

Industrial Unit for sale

CBRE: Multi-Tenanted & Add Value Potential

CBRE, as exclusive agent, presents 528-558 Rosebank Road, Avondale, Auckland for sale by Expressions of Interest closing Thursday 27th August 2020 at 6pm NZST. Developed over two freehold titles, the nearly 50,000sqm site features nine buildings providing 26,902sqm of lettable area. The property is predominantly leased for nine years to an established tenant, ETEL Limited, who occupy five of the buildings on five separate leases. This occupation makes up 73% of the $3.4m annual net rental income. This unique investment opportunity benefits from emerging logistics trends, entailing key features such as: - High underlying land value - Add value potential - Multi-tenanted investment with established occupiers - 6.5 year WALT - Only 7km from Auckland CBD and port Avondale benefits immensely from the Waterview Connection providing ease of travel to the neighbouring areas and the South Auckland regions. Strategically located close to state highway 16 and 20, it is approximately 15km from the Auckland CBD and 19km from the Auckland International Airport making it a key commercial location. For more information or to arrange a viewing, please contact the exclusive agents and quote the listing ID Bruce Catley 021 729 004 or (09) 573 3333 bruce.catley@cbre.co.nz OR John Bedford 021 772 121 john.bedford@cbre.co.nz OR Chris O'Brien +61 407 664 233 chris.obrien@cbre.com Listing ID: 20115021Q3 For more options, visit: https://commerciallistings.cbre.co.nz/en-NZ
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Sizes and Measurements

Total Size

26,902

Land Size

49,841

Pricing Information

For sale

Price By Negotiation

Specification

  • CBRE: Multi-Tenanted & Add Value Potential

Photos

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