10 Rennie Drive, Mangere, Auckland Rare freehold investment on Rennie Drive
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Available PropertyFiles:
- Information memorandum.zip
- LIM report.zip
- Lease documents.zip
- Record of Title.zip
Property Description
• Split-risk investment returning net $206,947pa + GST• 1,656sqm (more or less) fee simple landholding
• Two (2) industrial tenancies totaling 997sqm (approximately)
• Business - Light Industry zoning
Bayleys is pleased to present this well presented split-risk industrial investment opportunity. Strategically positioned at the airport precinct, one of Auckland’s most tightly held industrial precincts.
The property generates a combined net rental income of $206,947pa + GST from two tenancies, providing investors with the benefit of diversified cash flow and reduced tenancy risk. The improvements consist of two industrial tenancies
comprising well-presented office and clear span warehouse with associated offstreet parking and yard space.
Industrial investments offering multiple income streams, quality improvements, and strong tenant covenants are becoming increasingly difficult to secure. Don’t miss out, call now!
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Contact Ash Martinus
Bayleys Real Estate Limited
Licensed under the REA ACT 2008
09 273 6666 022 343 9319 ash.martinus@bayleys.co.nz All Listings
Ash recently joined the award-winning South Auckland Industrial team at Bayleys Real Estate. His expertise targets the Manukau and Wiri industrial areas, specialising in both sales and leasing. Equipped with a Commerce degree in Management and Sales, his skills and passion for the industry make him an integral member of the South Auckland office.
Prior to real estate, Ash worked across sales roles for large international FMCG companies. Excelling in these client-facing roles, Ash knew he needed to take the leap and follow his passion for property. Having a strong sales background with plenty of crossover experience, Ash believes transparent communication and strong client relationships build the foundation for successful transactions.
Outside of work, Ash spends the majority of his time challenging himself in all things sport. He has a keen interest in golf, rugby, and cricket, playing representative cricket for Auckland growing up. Ash’s competitive nature, combined with a great work ethic, ensures he is always competing for the best result, both on and off the field.
Contact Greg Hall
Bayleys Real Estate Limited
Licensed under the REA Act 2008
09 309 6020 021 0232 1884 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.
