104 Harris Road, East Tamaki, Manukau

Trophy split-risk investment with upside

Joint sole agency

• Returning $308,990 net pa + GST
• WALT of 4.5 years across three tenancies
• 1,470sqm (more or less) net lettable area
• 3,649sqm (more or less) prime landholding
• Long-term development potential

Do not miss this opportunity to secure this multi-tenanted fee simple investment in one of Auckland's premier locations.

104 Harris Road features three tenancies and is anchored by two multi-nationals and an established local business. The mix of trade-retail and industrial uses within the complex future proof the asset and diversifies risk.

The generous landholding is a rarity in East Tamaki with the high profile location (approximately 25,000 cars daily) lending itself to future development opportunities.
The makeup of the buildings provides further options around reconfiguring into smaller or larger tenancies with the potential to subdivide in due course.

The well-established tenants hold a WALT of 4.5 years ensuring a passive investment with future upside.

Tim Bull
021 127 1831
tim.bull@bayleys.co.nz

Nelson Raines
021 555 673
nelson.raines@bayleys.co.nz

James Hill
021 599 529
james.hill@bayleys.co.nz