Sole Agency. Listing ID to quote: #11405.
This industrial unit is available for sale as a tenanted investment, located on a corner complex at the intersection of Grayson Avenue and Cavendish Drive.
The complex is securely gated with wide entry points and a driveway that accommodates both cars and trucks. Built in the 1970s using solid concrete blocks with steel reinforcement, the unit comes equipped with three-phase power, well-maintained amenities, and boasts an unparalleled location.
This is an excellent opportunity for those seeking a bite sized investment.
The property areas are as follows:
- Warehouse 219sqm
Features:
- Lease returning $33,000pa net with fixed annual increases and market review
- Current CV $750,000
- 100% NBS rating
- Securely gated complex
- Warehouse stud height 4.1m to 4.2m (apex)
- 3 phase power
- LED lighting throughout
- Two toilets, two showers and kitchen facilities
- Two exclusive car parks
Papatoetoe is Auckland’s largest suburb by population, strategically located just 7km from Auckland Airport and approximately 20km from the CBD. It offers excellent access to State Highway 1, key motorways, and nearby Manukau Central. With a growing commercial and industrial base, Papatoetoe provides an affordable and well-connected location for retail, manufacturing, and trade businesses serving the southern Auckland region.
Please contact Lincoln McKenzie or Tosh Sharma to discuss the above property or give us a call and we can talk in more depth about other opportunities within the Auckland Area.
Lincoln McKenzie
021 190 0057
lincoln@commercialrealty.co.nz
Tosh Sharma
021 054 3649
tosh@commercialrealty.co.nz
Or refer to www.commercialrealty.co.nz for a comprehensive range of listings as we don't advertise all our listings on external websites
All prices exclude GST (unless otherwise stated)
