Located behind Cavendish Drive and in the heart of Manukau is this commercial property investment opportunity FOR SALE BY NEGOTIATION.
Comprising a total floor area of approx. 1,172sqm, the property is split over two levels, with the Ground Floor being approx. 571sqm low-stud warehousing, storage, offices, and bathroom & shower facilities. The First Floor, which can be accessed by either, stairs with front and rear access, as well as lift facilities, is the office component which is currently split into multiple tenancies approx. 479sqm and 95sqm.
The building also features air conditioning units, a service lift, kitchen facilities, and multiple bathrooms and amenities , metro-centre zoning, easy access to SH1 and SH20, and sufficient parking. The property benefits from close proximity to public transport links, Westfield Manukau Shopping Centre, and a diverse range of local restaurants and cafes.
The property currently returns $190,000++ pa with rental upside built into the leases. This opportunity represents a split-risk and high yield investment for the astute purchaser.
Main Features Include:
– Approx. 1,172sqm Total Area
– Business Metro-Centre Zoning
– Front and Rear Parking (of up to 20)
– High Yield Return Potential
– Close Proximity to SH1 & SH20
For further information or to register your interest please contact the SOLE AGENTS below:
027 500 3050
021 044 1880