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Urgent Sale - Vendor circumstances force disposal

14 Grayson Avenue, Papatoetoe

Industrial Buildings
dollar

Deadline Sale

Floor area
1272m2
Land area
2198m2
Title type
Freehold
On this page:

Deadline sale

Thursday
2:00pm
25
Jun

Map

Property details

Listing # 1906746 | Listed on 21 May

Key Features:

  • High-yielding industrial investment with diversified income
  • Returning $188,542.37 + GST + Outgoings
  • Three established tenants providing strong passive cashflow
  • Recent business ownership changes have strengthened tenant profile
  • 1,272sqm (more or less) building area
  • 2,198sqm (approximately) land area
  • Vendor demands sale - all interest encouraged

Conveniently located on Grayson Avenue, just off Cavendish Drive, this is a rare opportunity to secure a high-yielding freehold industrial investment in the heart of the tightly held Manukau industrial precinct. Returning $188,542.37pa + GST + Outgoings annually from three established tenancies, this property offers investors a strong passive income stream underpinned by occupiers servicing the surrounding commercial and industrial market.

Recent changes in business ownership across parts of the tenancy profile have further strengthened the covenant position of the asset, enhancing the long-term security of the income and providing confidence for investors seeking dependable cashflow in a proven industrial location.

Industrial investments delivering diversified income streams, established occupancy, and attractive holding returns remain highly sought after, particularly within South Auckland’s premier industrial hubs. With clear instructions to sell, purchasers are encouraged to act quickly.

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