1/9 Orbit Drive, Albany, North Shore City

Currently returning $143,000pa + GST and outgoings, this is an outstanding opportunity to secure a premium industrial investment in one of Rosedale's most sought-after commercial locations.

Positioned prominently on Orbit Drive with approximately 35 metres of road frontage, the property is leased to long-standing international tenant Advanced Lighting Technologies (ADLT) under a six-year lease, with approximately four years remaining.

The tenant is open to discussions regarding an early exit from their lease commitment, creating a rare opportunity for both investors seeking immediate holding income and owner-occupiers looking to secure a high-profile industrial property with the potential for future vacant possession.

The property comprises a well-presented office, showroom and high-stud warehouse, complemented by 10 on-site car parks and exceptional signage exposure to Orbit Drive.

Contact the sole agents, Jaye Miller on 027 376 1118 or Matt Mimmack on 021 229 5878 for a full Information Memorandum or to arrange an inspection.

Key features:

• Premium investment with holding income and owner-occupier potential

• Returning $143,000pa + GST and outgoings per annum

• Six-year lease with approximately four years remaining

• Tenant open to discussions regarding an early lease exit, creating potential for future vacant possession

• 644sqm total floor area

• 10 on-site car parks

• Approximately 35 metres of prominent road frontage

• Excellent signage exposure in a high-profile location