5 Druces Road, Wiri, Manukau City, Auckland Prime Wiri industrial invesment
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Available PropertyFiles:
- Completed roof work.zip
- Deed of lease.zip
- Information Memorandum.zip
- LIM Report.zip
- Outgoings budget 23-24.zip
- Property File.zip
- Rent review letter.zip
- Title and instruments.zip
Property Description
• Entrenched A-grade national tenant - BNT Automotive• Returning $392,110.95pa + GST and OPEX
• Functional high stud warehouse and modern office
• Lease renewal in 2029 with final expiry in 2039
Located minutes from Lambie Drive motorway off-ramp, this road frontage standalone investment is not one to be missed if you are looking for a well presented industrial property with a long-term lease to a blue-chip tenant.
The modern property totals 2,158sqm of building area excluding the canopy and balcony, and comprises high stud warehousing, and office to the front of the property.
Occupied by Brake & Transmission NZ Limited (trading as BNT Automotive) since 2019, this well-known occupier has five years left on an initial ten year term with rights of renewals until 2039. Fixed annual increases allow purchasers confidence in rental growth throughout the term.
This is a great opportunity for investors looking to capitalise on a tightly held industrial precinct and secure a passive bottom drawer investment.
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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 Greg Hall
Bayleys Real Estate Limited
Licensed under the REA Act 2008
09 375 6839 021 023 21884 greg.hall@bayleys.co.nz All Listings
Armed with a degree in finance and accounting from the University of Otago, Greg is an integral part of the Bayleys Central & West Auckland Industrial Sales and Leasing team.
Greg is working at the forefront of Commercial and Industrial property throughout Auckland and his enthusiasm for all things property and business are reflected in his dedication to the role, including keeping abreast of current trends and market conditions.
Greg believes a strong client and agent relationship is key to any transaction, and paired with his hardworking attitude has lead to the conclusion of a substantial number of transactions in leasing, investment and vacant sales.
Greg thrives on the fast-paced environment and is not one to shy away from a challenge. He works with confidence and transparency and believes clear communication is fundamental to building strong business relationships.
Contact Karl Price
Bayleys Real Estate Limited
Licensed under the REA Act 2008
021 552 503 karl.price@bayleys.co.nz All Listings
Karl Price joined the Bayley’s Manukau office after completing his National Certificate in Real Estate. He focuses on Industrial sales and leasing throughout the greater Manukau area.
Whilst being involved in property transactions Karl dedicates himself to putting in the hard work required, while acting with integrity and pursuing his clients’ best interests. This combined with the passion he brings to the property industry provides the opportunity to constantly add value when Karl is involved in transactions.
Karl provides a forwards thinking, modern day approach to marketing and knows how to make the most out of modern day technology and create maximum exposure to target audiences, resulting in successful marketing campaigns and satisfied clients.
Karl builds his client relationships based on integrity, transparency and commitment to achieving great results. Constantly searching for an opportunity to add value to his clients, Karl puts his best foot forwards with every opportunity.
