Road-front Henderson warehouse
Brokers say a building for sale in Bruce McLaren Rd, provides an opportunity for investors to acquire an entry-level commercial site in the popular Henderson Valley.
NAI Harcourts agents Marty Van Barneveld and Mike Fotu are marketing 33A Bruce McLaren Rd on behalf of vendors, who they say are determined to sell in order to and enjoy the fruits of their labours.
“This prominent road-front warehouse unit is attractively presented and well maintained, ensuring long term leaseability,” says Van Barneveld.
Situated in a popular, low-vacancy area with high tenant demand, the auction for the property is scheduled for 1pm, on August 23.
Van Barneveld says the unit itself is an eighties-built block brick building, solidly constructed with a new long run steel roof installed in 2017. It has great natural light from large perimeter bay windows.
“This is a durable and attractive asset that will hold long-term appeal.”
Fotu says the freehold property’s prominent road-front position and high traffic location, offer excellent profile and accessibility.
“It has an area of 130sq m, with three car parks and is returns annual rent of $25,000 net, making this an attainable acquisition for a broad range of investors,” says Fotu.
“Situated amongst many well-established businesses and close to Henderson Valley, Lincoln and Great North Roads, there is sure to be strong demand for a great bite-sized investment, such as this one.”