Kumeu - LAND WITH INCOME AND OPTIONS

Price Negotiation
Location 214 Main Road, Kumeu
Type Commercial & Industrial Commercial Land
Listing No # 83164
Listed 15/02/2020
Views 1

Description

This land, zoned Light Industrial, is now available. Comprising of 14,329m², it is located off State Highway 16 close to the centre of Kumeu with easy access to Auckland's motorway network. Approximately 11,000m² of the site is developed into a hard packed metal yard that is subject to a lease returning $124,740 per annum. This area may be reduced by up to 5,800m² with one months written notice by the owner. This opportunity presents itself well as a bottom drawer investment.

KEY FEATURES:

  • Land area of 14,329m²
  • Approximately 11,00m² is developed into a hard packed metal yard
  • Returns a net income of $124,740 per annum from a new eight year lease
  • The leased area if 11,000m² may be reduced by up to 5,800m² with one months written notice by the owner
  • Located off State Highway 16, close to the centre of Kumeu
  • Easy access to Auckland's motor network
  • Call now to view

Contact our agent

Peter Jeromson

P: 09 363 1649
M: 021 904 050

Barfoot & Thompson Ltd (Licensed: REAA 2008) - City Commercial

3/50 Kitchener Street
AUCKLAND CITY , 1010
RealEstate Agents contact details and original listing on www.realestate.co.nz -