10/27 Toiawaka Road, Drury, Auckland Affordable new industrial investment
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Available PropertyFiles:
- Body Corp.zip
- Information Memorandum.zip
- LIM Report.zip
- Lease.zip
- PropertyFiles.zip
Property Description
• Returning net $50,000pa + GST• Established national tenant, Adler Group
• Modern 164.5sqm (approximately) unit with warehouse, office and mezzanine
• New three (3) + two (2) + two (2) year lease term
Located within the brand-new Toiawaka Road industrial development, this 164.5sqm (approximately) unit offers investors the security of a quality tenant in a highly sought-after location. Leased to Adler Group, a well-regarded nationwide cleaning business, the property provides a solid return of net $50,000pa + GST + annual fixed increases of 3%.
The unit itself comprises functional warehouse space, office and mezzanine areas, supported by two car parks, making it a versatile and attractive facility for a wide range of occupiers.
Positioned within the fast-growing Drury South industrial precinct, this property benefits from outstanding connectivity to State Highway 1 and State Highway 22, with the region set for significant residential and commercial growth. With strong tenant covenant and modern construction, this is an opportunity to secure a lowmaintenance investment in one of Auckland's most active industrial growth corridors.
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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 Mike Hook
Bayleys Real Estate Limited
Licensed under the REA Act 2008
027 332 2495 mike.hook@bayleys.co.nz All Listings
In the highly-competitive world of commercial real estate, success requires a specific blend of attributes. Those attributes include local knowledge, natural instinct, a mind for numbers and exceptional negotiation skills. Mike Hook possesses all of these, and more.
Having graduated from university with a Bachelor of Commerce – majoring in Valuation and Property Management – Mike’s ability to ‘crunch the numbers’ creates a significant advantage for his clients, enabling him to recognise opportunities other agents often overlook.
He also spent more than six years as a member of the New Zealand Police, working primarily in South Auckland. During his tenure in law enforcement he developed an innate ability to connect and negotiate with people from all walks of life, in all manner of situations.
While others in the industry focus on volume, Mike concentrates on results, taking on only those listings which he knows he can give his undivided attention to. As a consequence, he invariably develops closer relationships with his clients, and helps them achieve better outcomes.
Having lived in and around Pukekohe for the best part of four decades, Mike knows the local area like the back of his hand. He’s incredibly excited about the potential for growth the region holds, particularly in the commercial, retail, office and industrial warehousing space.
Away from work you’ll find Mike playing hockey for Waiau Pa or contributing to the Pukekohe Business Association on behalf of Baby On The Move Pukekohe, a local business owned and operated by his wife.
Contact Mike Marinkovich
Bayleys Real Estate Limited
Licensed under the REA Act 2008
021 779 117 mike.marinkovich@bayleys.co.nz All Listings
Mike has been a commercial/industrial Real Estate Salesperson since 2004, when he won “Rookie of the year” for a major international Real Estate Franchise.
Mike specialises in the sale of land, industrial and investment properties throughout East Tamaki, Manukau, Wiri and the South Auckland area. He has expert knowledge of current market values for industrial properties from 50sqm to 10,000sqm+, per sqm rates, lease rates, land values, yields for investment properties and the variances because of profile, location, construction, lease terms and the many other intricate attributes many properties have. Mike has a sound knowledge of investment properties value.
Mike has been involved in a significant number of sales of live/work units throughout these regions and can give expert advice to both Vendor’s and buyers relevant to the intricacies that are involved in these types of sales.
Mike has considerable experience in unit developments for both industrial and mixed use type developments and can provide expert advice to obtain the absolute best price achievable for the Vendor.
Mike specialises in extracting the maximum value out of each property that he sells by recognising and promoting the positive attributes that each property has.
