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Helensville Industrial Building

5 Railway Street, Helensville, NZ, 0874


  • 599 sqm
  • 490 sqm
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$620,000

Helensville Industrial Building

5 Railway Street, Helensville, NZ, 0874


  • 599   sqm
  • 490 sqm

Helensville Industrial Building

Property ID: L5936308 |

  • 599 sqm
  • 490 sqm

$659,000 plus GST if any.

1930's era 490sqm high stud building with wooden trusses and concrete tile roof.
599 sqm section zoned light industrial.
High profile site, opposite service station and fronting onto Highway 16 - Railway Street.
Leased to a long established Helensville Business trading as McLeod Motors and under new Management since 2017.
The current lease if all rights of renewal exercised expires on August 2030, with 3 yearly renewals, the next in 2021.
A good return on Investment at 4.9% with the next rent review in 2021
Inspection by appointment only.

Contact Rex Keane on 027 293 2768 for viewing options

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Sold in Nov 2020