Glendene - FREEHOLD INDUSTRIAL INVESTMENT

Price
Location 23 Bancroft Crescent, Glendene
Type Commercial & Industrial Industrial to Buy
Floor Area 110 m2
Land 1011 m2
Listing No # 87018
Listed 12/10/2021
Views 2

Description

Auction: at 34 Shortland Street, City on Wednesday 10 November 2021 at 10:00AM (unless sold prior)

Barfoot & Thompson Commercial as the exclusive sales agents are pleased to present to the market for sale 23 Bancroft Crescent. Situated in the golden industrial pocket of Glendene, sits this rare freehold purchase opportunity that should be considered by all.

This secure heavy industrial site has a total land area of 1,011m². The improvements consist of a 110m² clear span warehouse built in 1997 in good working order.

The property is currently tenanted by a steel company who fabricate steel products. The tenant provides a passing rental of $53,500 plus GST and outgoings per annum.

The site also benefits from huge development potential in the future. You could leave 'as is' or you could plan your own development. The options for you as the landlord are endless.

Auckland continues to gain momentum with the Unitary Plan providing greater density. As a result, it's rare to come by industrial property like this positioned within the tightly held area of Glendene with development potential down the track.

KEY FEATURES:

  • 110m² warehouse built in 1997
  • 1,011m² freehold land area
  • Returning $53,500 plus GST per annum
  • Development potential in future
  • Heavy Industry zoning
  • Fenced and secure site
  • Three-phase power
  • Multiple roller doors

Contact the listed agents for further information today.

All other agents are welcome to register their buyers for the auction.

Contact our agents

Maxwell McCarthy

M: 027 610 3786

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

3/50 Kitchener Street
AUCKLAND CITY , 1010

James Marshall

P: 09 363 1664
M: 021 400 339

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 -