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New Lynn, 3 Stock Street

Investment and or Development Property

Price by Negotiation

Listing Number: MAE5394
About this listing
Sought after corner site on Stock Street and Drury Street being 809m2 divided into two tenancies returning $51,000 pa. In the heart of New Lynn's "auto zone" the area services the local retail and trade market with a wider trade base. Leave well alone as an investment or plan for a future development in the next few years.


Property Information
  • Property Type: Warehouse, Other (Industrial)
  • Property Details: Tenanted Investment
  • Tenure: Fee Simple
  • OPEX $: TBA
  • Tenancy: Total rental if more than 1 tenancy $ (+ GST): 51000.00
  • Tenancy 1: Area Sqm: 147 m2, Expiry Date: 01 June 2020, Rental net/gross p.a.: $51,000 net, Review Dates: nil, Rights of Renewal: nil, Tenant Name: Head lease, Term (years): 1.5
  • Tenancy 2: Area Sqm: 86 m2, Tenant Name: Sublease
  • Tenancy 3: Area Sqm: 178 m2, Tenant Name: Sublease

Contact Details

Harcourts Mt Albert

JK Realty Group Ltd

Licensed REAA 2008

4 Mt Albert Road
Mt Albert
Auckland
Office website

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