Papatoetoe
14 Grayson Avenue, Papatoetoe, Manukau
+15
Affordable split-risk investment - Manukau Central
Conveniently located on Grayson Avenue, just off Cavendish Drive, this is a prime opportunity for investors to secure a freehold industrial property in the heart of the Manukau industrial precinct. The property benefits from three established tenants, providing secure, passive income with a combined net rental of $179,695 + GST annually. The well-established tenants provide a good return and service the local market in a highly desirable location.
Key Features:
• Secure passive income from three established tenants
• Returning $179,695.00 plus GST and OPEX
• 1,272sqm (more or less) building area
• 2,198sqm (approximately) land area
• Situated in the heart of Manukau, a vibrant and rapidly growing industrial area.
Call now for further information or to arrange an inspection.
Roman van Uden
027 313 8803
roman.vanuden@bayleys.co.nz
Karl Price
021 552 503
karl.price@bayleys.co.nz
2 Harris Road, East Tamaki, Auckland
May
2pm
Roman van Uden
Bayleys Real Estate Ltd, South Auckland,
Licensed under the REA Act 2008
Karl Price
Bayleys Real Estate Ltd, South Auckland,
Licensed under the REA Act 2008
Features
Lease
Secure passive income from three established tenants
Occupancy
Returning $179,695.00 plus GST and OPEX
Floor area details
1,272sqm (more or less) building area
Land area breakdown
2,198sqm (approximately) land area
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