ASKING PRICE: $1,350,000+GST (if any)
**YOUTUBE VIDEO** https://youtu.be/yavGIc0mAiA
If you're looking for a straightforward investment with income, profile, and a tenant already locked in with a yield of 5.9%, this one deserves your attention!
Occupying a prominent road-front position with excellent exposure to Cavendish Drive, this 314m² industrial unit combines strong visibility with reliable cash flow. The tenant has been operating from the premises since 2024 and has recently recommitted to the property, signing a new 3-year lease with a further 2-year right of renewal, returning $80,000 net p.a. + GST with fixed annual increases.
Key Features:
- Fresh 3 year lease returning $80,000 net pa +GST
- Built in fixed annual increases
- Established tenant
- 1 x 2 year right of renewal
- 314m² industrial unit
- High profile drive-through access - dual roller doors
- Light Industry Zoning
- Within 2KM of SH1 and SH20 on ramps
Available on request:
- LIM report
- Certificate of Title
- Pre contract disclosure statement
- IM
- Property File
The 314m² unit is configured to appeal to a wide range of occupiers, featuring a functional warehouse with dual roller door access and a well-presented office split across two levels. Positioned at the front of the complex, the property stands out from the crowd with its profile, accessibility, and generous parking provision.
Located just 80 metres from Cavendish Drive and within 2km access to both State Highways 1 and 20 and the inland port. This area provides manufacturing, logistics and warehousing companies unbridled distribution access in every direction. This location is within 9 km of the Auckland International Airport, 23 km to the CBD and is immediately surrounded by the sizable Manukau workforce.
For more information or to arrange a viewing, call or email the sole agents today:
Myron Simpson
021 105 0196 or (09) 253 9330
myronsimpson@jamesgroup.co.nz
or
Kyle Wiltenburg
021 065 1079 or (09) 253 9330
kylewiltenburg@jamesgroup.co.nz
