14 Tironui Road, Takanini, Papakura

Listing ID to quote: #13507.Available for purchase is a rare opportunity to secure 3,783m² of land in Takanini, offering holding income with future development potential. The site is currently tenanted by Scrap Age Metals, a well-established metal recycling operator with significant capital invested in the property. The lease runs through to May 2035, commencing at $140,000pa net. In addition, a cell tower generates $16,497pa net income with approximately five years remaining on the lease.The property is gated and secured, featuring a level yard, weighbridge, and refurbished office accommodation. Sites of this scale are increasingly scarce, particularly those offering secure income and future development flexibility.The property areas are as follows:- Yard 3,783sqm- Warehouse 439sqmFeatures:- Total rental income of $156,000pa net with reviews built in Lease renewals at 2030, final expiry 2035 Well entrenched tenant Development potential with steady incomeRedevelopment clause and lease bond in placeCouncil infrastructure upgrades imminentTakanini is home to a diverse mix of light and heavy industrial businesses. Its popularity is rising thanks to ongoing infrastructure improvements, rapid population growth, and its strategic location on Auckland’s outskirts with easy access to State Highway 1. Positioned 29km from Auckland CBD and 16km from Auckland Airport, Takanini offers a well-connected and expanding industrial environment. Please contact Tosh Sharma or Adam Ward to discuss the above property or give us a call and we can talk in more depth about other opportunities within the Auckland Area.Tosh Sharma021 054 3649tosh@commercialrealty.co.nzAdam Ward022 166 4941adam@commercialrealty.co.nzOr refer to www.commercialrealty.co.nz for a comprehensive range of listings as we don't advertise all our listings on external websitesAll prices exclude GST (unless otherwise stated)