8 Turin Place, Otara, Manukau City, Auckland Functional standalone industrial
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Available PropertyFiles:
- 8 Turin Pl, East Tamaki letter 1122.pdf
- ISA - 8 Turin Pl, East Tamaki.pdf
- Lease.zip
- Property File.zip
- Turin Place 8_Compensation certificate_13.09.2022.zip
- Turin Place 8_Information Memorandum_November 2022.zip
- Turin Place 8_LIM Report_31.10.2022.zip
- Turin Place 8_Record of Title_12.09.2022.zip
Property Description
• Long standing, entrenched tenant returning $200,000pa net + GST• Final expiry August 2024 opening up numerous occupancy options
• Tightly held East Tamaki/Otara location
• Could be purchased in conjunction with the adjoining road front property at 10 Turin Place providing scale and growth for the future
A rare opportunity presents itself to purchase a large freehold East Tamaki site with a long-standing tenant. The property benefits from a large functional yard allowing for a multitude of uses. With excellent ratios of warehouse to office, and an expiring lease in August 2024, this opportunity will also appeal to owner occupiers wanting to get a foothold into this tightly held catchment. Alternatively, add value investors wanting to renegotiate existing lease terms with the incumbent tenant or reposition the property for an incoming tenant will have the ability to do so.
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Terms of Supply
The following information has been supplied to Bayleys Real Estate Limited (“Bayleys”) to be made available to any prospective interested parties for general information purposes only.Bayleys and the Vendor do not warrant the accuracy or completeness of the information and recommends that all recipients make their own enquiries to their satisfaction in all respects and seek their own independent expert advice.
Contact James Hill
Bayleys Real Estate Ltd, Manukau
Licensed under the REA Act 2008
021 599 529 james.hill@bayleys.co.nz All Listings
Selling is in James Hill’s blood – with decades spent honing the craft of building customer service through such industry sectors as insurance, time share apartments, exhibitions, and events.
James Hill brought his honed sales skills to Bayleys’ commercial and industrial division in 2006 - appreciating that building and managing client relationships would be the foundations for a long-term career in a city where reputation and credibility are everything.
Underpinning James Hill’s drive for delivering ultimate customer service are a set of fundamental business practices - including planning, meticulous time management, industry knowledge, wider appreciation of town planning and development dynamics, and dogged persistence.
As an active cricket player and golfer (with a pair of aces to his credit), James Hill’s competitive nature is reflected in the ‘fight’ he puts into marketing clients’ properties.
“I’ve found that the more you put into developing business networks and growing a profile in the commercial property community, the more that comes out in terms of engineering successful sales and securing on-going listing campaigns,” says James.
Utilising a broad exposure to a raft of different commercial and industrial property types - in conjunction with listening to, and learning from both vendors and purchasers - James Hill has come to recognise the multiple road blocks and hurdles which can lie in wait to ambush a successful marketing campaign. Consequently, James knows how his clients can structure their deals to accordingly avoid those pitfalls and attract the widest potential buyer interest possible.
Contact Sunil Bhana
Bayleys Real Estate Limited
Licensed under the REA Act 2008
09 375 8438 021 938 660 sunil.bhana@bayleys.co.nz All Listings
In 2017 Sunil was promoted to the role of managing Bayleys Central and West Auckland Industrial Sales and Leasing Team, a high performing, experienced, group who work together in a collaborative environment to ensure the best client outcomes are achieved.
Sunil joined Bayleys in 2001 having completed a Bachelor of Commerce and a Bachelor of Property at the University of Auckland. Initially focussing on the industrial sales and leasing market in Penrose and Mt Wellington, Sunil established an excellent grounding operating in both buoyant and difficult markets and learning the skills required to bring a deal together.
As a senior broker, Sunil has continued to service the Auckland Industrial market as well as completing other commercial, industrial and special projects throughout New Zealand working in conjunction with Bayleys National network of agents.
Sunil’s personable approach and hard working attitude has lead the conclusion of a significant number of transactions in leasing, vacant, investment and land sales. Sunil is motivated and results oriented, and provides a professional approach to property marketing, possessing the attention to detail essential to the smooth running of a marketing campaign.
Sunil has been awarded Bayleys’ Staff Recognition and Ian McHardy Recognition Awards in acknowledgement of his contribution and commitment to the Bayleys Company and has consistently featured amongst Bayleys top performing agents, regularly positioned in the top 10% of Bayleys Salespeople nationally.
