Manukau Central
146-2/158 Cavendish Drive, Manukau Central, Manukau
+14
High-profile industrial investment
• Brand-new five-year lease
• Returning $330,000pa net + GST and outgoings
• Strategic location in sought-after precinct
• Tidy warehousing and office with a large yard area
• Motivated landlord
An exceptional opportunity to secure a high-profile industrial property on one of Manukau's main arterials and on the border of Wiri, one of Auckland's most sought-after industrial precincts. This well-presented property offers investors a passive income stream with a new five-year lease returning $330,000 per annum net + GST, with fixed annual increases and a mid-term market review.
Comprising two adjoining warehouses with clear-span designs and office/amenities, the property offers a total net lettable area of 1,132sqm (approximately). The property also boasts a fully secure, corner site yard of 1,650sqm (more or less), providing unparalleled exposure to both Cavendish Drive and Plunket Avenue.
Karl Price
021 522 503
karl.price@bayleys.co.nz
Greg Hall
021 023 21884
greg.hall@bayleys.co.nz
Karl Price
Bayleys Real Estate Ltd, South Auckland,
Licensed under the REA Act 2008
Greg Hall
Bayleys Real Estate Ltd, South Auckland,
Licensed under the REA Act 2008
Features
Occupancy
Five-year lease returning $330,000pa net + GST and outgoings
Land area breakdown
2,536sqm (more or less)
Floor area details
1,132sqm (approximately)
Zoning
Business - Light Industry
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