1B/89 Ellice Road, Glenfield North, North Shore City, Auckland Road-front Tenanted Investment $58,000pa

Available PropertyFiles:

  • Ellice Road 80-91_Property File.zip
  • Ellice Road 89 Unit 1B_Auction Agreement Approved.pdf
  • Ellice Road 89 Unit 1B_Property File.zip
  • /A. CT/
    • Ellice Road 89 Unit 1B_CT.pdf
  • /B. LIM Report/
    • Ellice Road 89 Unit 1B_LIM_11.04.2022.pdf
  • /C. Lease Documentation/
    • Ellice_Deed_of_Lease.pdf
  • /D. Body Corporate/
    • AGM Minutes 2019.pdf
    • AGM Minutes 2019.pdf
    • BC ELL089 21 AGM Financial Report.pdf
    • BC ELL089 21 AGM Financial Report.pdf
    • ELL089 Budget & Entitlements.pdf
    • ELL089 Budget & Entitlements.pdf
    • ELL089 2021 AGM Minutes and Levies Cover Letter.pdf
    • ELL089 2021 AGM Minutes and Levies Cover Letter.pdf
    • ELL089 2021 AGM Minutes.pdf
    • ELL089 2021 AGM Minutes.pdf
    • ELL089 Adopted Budget 2021 AGM.pdf
    • ELL089 Adopted Budget 2021 AGM.pdf
    • ELL089 Operational Rules 120905 -.pdf
    • ELL089 Operational Rules 120905 -.pdf
    • ELL089 Proposed Budget 21-22.pdf
    • ELL089 Proposed Budget 21-22.pdf
    • ELL089- AGM Minutes 2020.pdf
    • ELL089- AGM Minutes 2020.pdf
    • ELL089- EGM Minutes 2020.pdf
    • ELL089- EGM Minutes 2020.pdf
    • ELL08901B PCDS 220401.pdf
    • ELL08901B PCDS 220401.pdf
    • LTMP Review June 2019 - 89-93 Ellice Road.pdf
    • LTMP Review June 2019 - 89-93 Ellice Road.pdf
    • Minutes and Levies Cover Letter.pdf
    • Minutes and Levies Cover Letter.pdf
    • Notice of Delegation & Committee Operating Guidelines.pdf
    • Notice of Delegation & Committee Operating Guidelines.pdf

Property Description

This immaculately presented, road-front industrial property with a three year lease will be ideal as a first investment or addition to an existing portfolio.

Providing a net rent of $58,000pa + GST on a new three (3) year lease plus a further three (3) year right of renewal and a personal guarantee makes this a very desirable investment property.

Centrally located in the North Shore's Wairau Valley this property is part of a popular development built by Kea Property Group circa 2008.

Features:
• Net return $58,000pa + GST
• Total area 257sqm (approximately)
• Warehouse 127.2sqm
• Ground floor office and amenities 66.5sqm (approximately)
• First floor office and amenities 63.3sqm (approximately)
• Five exclusive use car parks
• Road front with excellent profile
• Three (3) year lease
• Personal guarantee
• Low vacancy area

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Contact Laurie Burt

Bayleys Real Estate Limited

Licenced under REA 2008

09 489 0983   027 413 6174   laurie.burt@bayleys.co.nz   All Listings

Laurie joined Bayleys North Shore Commercial 21 years ago after a long and successful career with the Royal New Zealand Air Force.

He has specialised in selling and leasing predominantly in the North Harbour industrial area however has successfully negotiated property transactions throughout the Auckland region.

Laurie has transacted in excess of $350,000,000 in sales and leasing over this period, finding himself in the top 20 for the entire Commercial and Industrial Bayleys network on numerous occasions. He has also ranked as one of the top five salespersons for the North Shore commercial office for the past five years. Laurie works diligently to achieve the best possible outcomes for his clients which is a testimony to his past results.

Laurie concluded 2016 as number one industrial agent for Bayleys North Shore Commercial and was placed 10th nationwide within the commercial and industrial sector.

Laurie’s philosophy is to work in partnership with his clients and not just to lease or sell property. He believes that where possible he can assist his clients on a referral basis benefits all concerned. This has helped him forge strong relationships with his clients.
Laurie has a senior role at the North Shore office as Associated Director and manager of the Industrial Team.
He takes pride in mentoring new sales people helping them create and successful career in real estate
Outside of Real Estate Laurie has an interest in politics, golf and is very family focussed with ten grandchildren that keep him very busy.

Achievements:
Top 5% of Bayleys Sales People 2016/2017
No. 1 Industrial Agent Bayleys North Shore Commercial 2016
Number 1 sales agent for North Shore Commercial 2011 and 2013
Top Achiever North Shore office past six years