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Wairau Valley, North Shore City, Auckland, 85-87 Ellice Road NSC37765

Deadline Treaty 31 Mar 2022
Unless Sold Prior

Multi Tenanted Split-Risk Industrial - Wide Road Frontage

85-87 Ellice Road, Wairau Valley is a smart multi tenanted industrial building enjoying a massive wide road frontage and yard area.

The building offers a split-risk income of $199,000 p.a. + GST + outgoings from four tenants. Rental reviews will provide growth from CPI and fixed increases.

Occupying a large level freehold site of 2,024 m² (more or less) the building comprises a total floor area of approximately 1,424sqm. Offering a functional mix of high stud warehouse (5 to 6 metres) plus showroom and office the property benefits from a large front yard (approx 800sqm) for car parking and display. Recent work to the building includes brand new roof, skylights and flashings to the warehouse.

Astute investors and potential owner-occupiers will appreciate that the building and large landholding offer numerous options for the future.

This is a first-class industrial investment in a tightly held, keenly sought after area on Auckland's North Shore.

For more information and an appointment to view please contact the sole agents at NAI Harcourts.

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NOTE: all outlines in images are indicative only

Main Property Features

Listing Number: NSC37765
Approx Floor Area:
1424 sqm
Land Size:
2024 sqm
Property Type:
Approx Floor Area:
Office Square Metres: 283
Showroom Square Metres: 112
Warehouse Square Metres: 975
Stud Height Mtrs: 5
Land area:
Yard Square Metres: 800
Property Features:
Returning $199,000 net p.a. with growth in 2022 - CPI and fixed increases Building area 1,424m² (approx.) Land area 2,024m² (approx.) Outside area 800m²
Carparks: 19
Property Details:
Tenanted Investment
Commercial information:
Zone: Business - Light Industry
Fee Simple
Photo of Tim Turner
Tim Turner
Licensed REAA 2008
Photo of Andrew Bruce
Andrew Bruce
Licensed REAA 2008

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NAI Harcourts North Shore
128 Hurstmere Road Takapuna Auckland
Licensed REAA 2008

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