Otara
10 Turin Place, Otara, Manukau
+10
Pure and simple industrial investment
• Functional, generic, freehold investment opportunity
• The existing business has occupied the site since 2007 (under various entities) and has the right to renew until 2031
• Currently returning $200,000pa net + GST, with a market review in December 2025
• Sought-after location, just 3km from State Highway 1 via East Tamaki Road
Situated on a generous 2,180sqm freehold land parcel, the warehouse is well suited to a range of businesses, including manufacturing, storage, and distribution. The office and amenity spaces span two levels at the front left of the property, complemented by parking at the front and side.
The property is seriously for sale with a short deadline, allowing purchasers the opportunity to secure a solid industrial investment before the end of 2024.
For sale by Deadline Private Treaty (unless sold prior), closing at 2pm, 20th November 2024.
James Hill
021 599 529
james.hill@bayleys.co.nz
Sunil Bhana
021 938 660
sunil.bhana@bayleys.co.nz
Tim Bull
021 127 1831
tim.bull@bayleys.co.nz
James Hill
Bayleys Real Estate Ltd, South Auckland,
Licensed under the REA Act 2008
Sunil Bhana
Bayleys Real Estate Ltd, South Auckland,
Licensed under the REA Act 2008
Tim Bull
Bayleys Real Estate Ltd, South Auckland,
Licensed under the REA Act 2008
Features
Floor area details
Spacious 1,367sqm freehold standalone property with good street frontage
Occupancy
Returning $200,000pa net + GST with growth potential at next review
Land area breakdown
2,180sqm (more or less)
High stud
High stud warehouse, mezzanine storage and offices
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