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Auckland

Grey Lynn office unit decked out for summer

JLL marketing 41C Crummer Road, Grey Lynn


 

 

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41C Crummer Rd 03 small-min (2).jpg ​A tenanted, second floor office unit in popular Grey Lynn is for sale through JLL.

The 92sqm office unit has a large 23sqm deck and two secure carparks. It sits on the corner of Crummer Road and Scanlan Street and returns $40,250pa + GST and outgoings. It is currently tenanted by Phase 3, a digital marketing firm, with a lease expiry of December 2019. 

JLL agents Tom Dobier and Alex Wefers who are marketing the property say the unit will be an attractive investment for either owner occupiers or investors.

“With the lease expiry being in two years’ time, we expect interest from both owner occupiers and investors. The property was built in 2008 so it should comply with current building standards, and it benefits from a fantastic deck space, perfect for summer, as well as its Grey Lynn location,” says Dobier.

The property is one of four units in the development. The building fronts Crummer Road, with the deck area looking out over Scanlan Street.

“This unit is well placed in a prime city fringe location. The Ponsonby Road shopping area is a short walk away and Grey Lynn Village is also within walking distance. State Highway 16 is accessed close by with great public transport links available on nearby Great North Road and Ponsonby Road," explains Wefers.

“Considering Auckland’s spectacular growth over the past few years, commercial space in this prime city fringe location is a scarce commodity. Our demographic research suggests further business growth in this area, so this unit is a prime opportunity for an investor to capitalise on demand for well-placed commercial facilities.” 


Dobier explains that the zoning and location are the key benefits of the property. “With this property being zoned business mixed use, it will suit a range of options and make for a very attractive investment. The flexibility of use allows the investor to analyse the market and make a decision based on what they believe will give the biggest return, and due to the size of the property we are not talking a massive outlay to secure the property. We expect this unit to generate considerable interest due to this flexibility as well as the prime Grey Lynn location,” he says.  

The property is being sold by expressions of interest closing 4pm Tuesday 12 December, 2017 (unless sold prior).