This is simply the most outstanding industrial investment
that we have listed in a very long time. It has
everything.......a high quality building, an outstanding
tenant, a very long lease and an excellent return on
investment.
The property is located just off Lincoln Rd in Henderson.
It is a state of the art building just minutes from the
motorway. Specifically designed for one of West Auckland's
fastest growing companies this property is constructed to
the highest standards. A ten year lease with guaranteed
rental growth assured makes this the ideal investment.
Key Features:
• High stud clear span warehouse space
• Roller door access plus gantry
• High profile site
• Fast developing area
ADDRESS
291 Lincoln Road, Henderson
LAND AREA
3,492m² more or less Freehold
BUILDING FLOOR AREA
First Floor Office/Amenities 442.0m²
Ground Floor Workroom/Amenities 438.5m²
Warehouse 1,618.8m²
Total 2,499.3m²
OCCUPANCY ARRANGEMENTS
Lease Format Auckland District Law Society Fifth
Edition 2008
Lessee Glass Relate Manufacturing Limited
Guarantor Ben & Marijke van Nooijen
Initial Term Ten (10) years
Commencement Date 1 November 2008
Rights of Renewal Two (2) further terms of five (5) years
Final Expiry Date 31 October 2028
Annual Rent $360,000
Rent Reviews Two (2) yearly to CPI or market
(whichever is greater)
Improvements Rent Percentage 10%
Please let me know of your interest because this
outstanding will not last.
Best regards,
Mr Colin Kumar
c.kumar@barfoot.co.nz
WE LOVE SELLING AUCKLAND
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Wednesday, November 5, 2008
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