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Industrial

Dual Freehold Units | Returning $220k Net + Gst

B + C / 68 Greenmount Drive, East Tamaki, Manukau City

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Property Information

For Sale

Price by Negotiation

982.8m²

JG13462

Description

Comprising a total of 953m² (more or less) Units B and C at 68 Greenmount Drive present an excellent industrial investment with an established tenant in business for 25+ years. The tenant is currently on a four lease with RoR’s that commenced in October 2023. The property benefits from full drive-around capability, dual access points and strong exposure in the heart of East Tamaki.

Both units are constructed of concrete block and offer high-stud & clear-span warehouse areas with offices and amenities positioned to the front. Renovated in 2022, the premises currently features a quality fit-out. The configuration allows for future split-risk leasing, with each unit fully self-contained.

Unit C is positioned on the northern boundary of the site, benefiting from its end-unit position, additional yard area for storage and vehicle movements, and the rare advantage of dual roller door access.

For sale at 5.94% – $3,700,000 +GST (if any)

Key Features:
– Leased to well established tenant returning $220,000 + GST & Outgoings
– Two freehold units of 380m² and 572m²
– Located on one of East Tamaki’s most popular streets between Ti Rakau Drive & Harris Road
– Dual access drive around site
– Lease includes bank guarantee & market rent reviews

With a range of new industrial developments, East Tamaki is increasingly regarded as one of Auckland’s top emerging premium industrial hubs, attracting major occupiers needing to expand and relocate. With quick and easy access to State Highway 1, it’s a mere 20 kms to Auckland CBD, port and international airport. East Tamaki provides efficient access to rail and the inland port at Wiri, as well as a host of quality amenities and rapidly growing retail areas. East Tamaki could well be the superb suburb for your business.

For more information or to arrange a viewing, call or email our Industrial specialists:

Elias Finlay
020 4175 2605
eliasfinlay@jamesgroup.co.nz

Harry Rowell
021 118 3152 or (09) 253 9330
harryrowell@jamesgroup.co.nz

For a full range of currently available properties, check out www.jamesgroup.co.nz

Licensed Under REAA 2008

Elias Finlay

Commercial & Industrial Broker
South Auckland
eliasfinlay@jamesgroup.co.nz
+6420 4175 2605
Contact
View Profile
Licensed Under REAA 2008

Harry Rowell

Commercial & Industrial Broker
South Auckland
harryrowell@jamesgroup.co.nz
+6421 118 3152
Contact
View Profile
Address

B + C / 68 Greenmount Drive, East Tamaki, Manukau City

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