Commercial

National Tenant | Long-Lease | Cavendish Drive

1/24 Cavendish Drive, Manukau

Investment Opportunities
dollar

Deadline Sale

Floor area
630m²

Deadline sale

Wednesday
4:00pm
21
Oct

Map

Property description

Listing # 67042453|Listed on 18 September

Secure a high-profile commercial investment in one of South Auckland’s most established business locations. Situated prominently on Cavendish Drive, this well-presented 630sqm (approximately) commercial unit is leased to Barfoot & Thompson, one of New Zealand’s largest privately owned real estate agencies, generating an income of $180,000 Net per annum plus GST and outgoings. 

Benefiting from a long and secure lease and positioned within the highly sought-after Business - Metropolitan Centre Zone, the property offers investors a rare combination of strong holding income, tenant security, and long-term upside. Surrounded by major commercial, retail, and civic amenities, and with excellent access to the wider Auckland motorway network.

Positioned across the ground and first floor, the property is the optimum blend of warehouse, office and showroom layout.

24 Cavendish Drive (1/9 Sharkey Street) is an outstanding opportunity to acquire a tightly held asset in the heart of Manukau’s metropolitan centre.

Call the Exclusive Agents, Colliers New Zealand

Ryan Gibb

021 826 421

Will Bason

021 083 79312


Features:

  • Prime Manukau location
  • Net rental income of $180,000 p.a. + GST & OPEX
  • Business – Metropolitan Centre Zone
  • Established Barfoot & Thompson tenancy for nearly 20 years
  • Manukau Business Association as a sub-tenant
  • Recently refurbished ground floor tenancy


More information: https://www.colliers.co.nz/p-NZL67042453

Your notesYour notes
Colliers New Zealand Ltd (Licensed: REAA 2008) - Auckland South

Ryan Gibb

Colliers New Zealand Ltd (Licensed: REAA 2008) - Auckland South
108 active listings
Colliers New Zealand Ltd (Licensed: REAA 2008) - Auckland

Will Bason

Colliers New Zealand Ltd (Licensed: REAA 2008) - Auckland
46 active listings

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