Southern Spars
317-321 Rosebank Road, Avondale, Auckland
Project Summary
The development is located on a newly subdivided 14,739m2 site situated on the eastern side of Rosebank Road, Avondale. Avondale is an industrial hub within the Auckland Region.
The master plan for the site provides for one industrial premise, this occupies the entirety of the site. Southern Spars committed to an agreement to lease the 7,792m2 of warehouse and 1000m2 office and amenities, based on a 12 year initial lease term.
End Value
End value $16.5 million.
