Sold Property

C/32 Mill Road, Helensville, Auckland 0800

  • 772 m2

Multi Tenanted, Mixed Use Investment

On offer is this split risk industrial building, ideal for investors or owner occupiers.

The property is divided into three spaces. Upstairs is a consented 180m² (approx.) 4-bedroom apartment, currently rented for $600 per week. There is an additional vacant 211m² (approx.) with a New York style mezzanine floor waiting for an astute buyer to fulfil its potential income.

The ground floor is a 381m² (approx.) warehouse with 4 roller doors and is occupied by a tyre shop and service centre.

The new owner could increase their return by improving the vacant space upstairs or occupy themselves.

Returning $78,426.77 p.a. via a long-term residential tenant and from the ground floor tyre business on a brand new six year lease.

This is a unique property offering a great return and future upside!

Call the sole agents for more information or to arrange viewing. Property ID: #NSC35459

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Sold Date

  • 21 January, 2021

Property features

  • Property Type: Warehouse, Other (Apartment), Industrial
  • Office Square Metres: 211
  • Warehouse Square Metres: 381
  • Property Details: Tenanted Investment
  • Tenure: Cross-lease
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Office

harcourts North Shore

Licensed under REAA 2008

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Est. bond $1920
  • 772 m2

Sold Property

C/32 Mill Road, Helensville, Auckland 0800

Multi Tenanted, Mixed Use Investment

On offer is this split risk industrial building, ideal for investors or owner occupiers.

The property is divided into three spaces. Upstairs is a consented 180m² (approx.) 4-bedroom apartment, currently rented for $600 per week. There is an additional vacant 211m² (approx.) with a New York style mezzanine floor waiting for an astute buyer to fulfil its potential income.

The ground floor is a 381m² (approx.) warehouse with 4 roller doors and is occupied by a tyre shop and service centre.

The new owner could increase their return by improving the vacant space upstairs or occupy themselves.

Returning $78,426.77 p.a. via a long-term residential tenant and from the ground floor tyre business on a brand new six year lease.

This is a unique property offering a great return and future upside!

Call the sole agents for more information or to arrange viewing. Property ID: #NSC35459

Property Features

  • Property Type: Warehouse, Other (Apartment), Industrial
  • Office Square Metres: 211
  • Warehouse Square Metres: 381
  • Property Details: Tenanted Investment
  • Tenure: Cross-lease
Show More

Sold Date

  • 21 January, 2021

Geoff Thorne harcourts North Shore

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harcourts North Shore

Office harcourts North Shore Licensed under REAA 2008

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