 Asset Class: | Industrial |
 Price: | $ 1400000 |
 Net Yield: | 6.07 % |
Net Yield - including solar strategy: | % |
 Property Market Status: | On Market |
This recently refurbished industrial property presents a standout investment opportunity in one of Auckland’s most sought after industrial areas. <br><br>Fully leased to a quality tenant, the property offers a secure income stream with a competitive yield . The clear span warehouse and modern office provide a functional and attractive workspace, ensuring long -term tenant appeal.<br><br>Strategically positioned on Honan Place, the site benefits from excellent connectivity to major arterial routes and motorways, making it a prime asset for any investment portfolio.
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Rosebank Industrial precinct stands as one of Auckland's most coveted industrial destinations, boasting exceptional connectivity to State Highway 16. This strategic link provides unparalleled access to Auckland's Northern, Southern, and Western links.<br><br>The Rosebank Industrial Precinct is a prime location for businesses, offering strategic advantages and excellent connectivity. Situated just 11km from Auckland's CBD, this sought after area provides easy access to the Northwestern Motorway (State Highway 16) interchange, facilitating efficient transportation and logistics.<br><br>As the closest industrial precinct to Auckland's CBD, Rosebank Road enables streamlined traffic movements and operational efficiencies. The area is home to numerous blue-chip companies and national occupiers, including Autex, Methven, Bunnings Trade, Rheem, Blum, and Allegion.<br><br>Recent infrastructure improvements, such as the Waterview Tunnel, have significantly enhanced the area's connectivity. This development provides a crucial link to the south without the need to traverse Auckland City. With industrial vacancy rates at a mere 2.2% in West Auckland, properties on Rosebank Road are highly contested. <br><br>The precinct is poised for further development, benefiting from its strategic location and ongoing infrastructure investments. This combination of factors<br>makes the Rosebank Industrial Precinct an attractive option for businesses seeking a well connected, high-profile industrial location with strong growth prospects.
Additional Location Information File<span style="background-color:rgb(255, 255, 255);"><b>Introduction:</b></span><br><br>Established in 2014, MINT Auckland is a proudly New Zealand-owned and operated business based in West Auckland. We specialise in delivering high-quality heating and insulation solutions across the Auckland region, catering to residential customers, including homeowners, landlords, property managers, and Warmer Kiwi Homes participants. We also extend our services to commercial buildings, ensuring energy-efficient and comfortable environments.<br><br>Our team also supports the Warmer Kiwi Homes heat pump subsidy programme in the Waikato region, helping eligible households access affordable heating solutions.<br><br><span><a target="_blank" href="http://www.mintauckland.co.nz" style="">www.mintauckland.co.nz</a></span>
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<ul style="list-style-type:disc;list-style-position:inside;padding-inline-start:20px;"><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Secure tenancy providing strong rental income</span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">390 sqm industrial building with functional layout</span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);font-style:normal;"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">$85,000 p/a ($218 / sqm) with fixed annual growth and Market Reviews built into the lease</span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Recently refurbished to a high standard</span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Prime location in the heart of Rosebank’s industrial precinct - One of only two units with prime road frontage</span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Competitive yield in a sought-after market</span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Great office to warehouse ratio</span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Air conditioned offices with newly installed toilets and kitchenette, all conveniently located on a single level.</span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Fresh three year lease commencing in March to Mint Auckland, providing fixed rental growth with a security bond and personal guarantee</span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Business - Light Industry Zoning</span></p></li></ul>
