7% + INDUSTRIAL INVESTMENT YIELD

Manurewa, Manukau City

By Negotiation

Proposed Usage
Industrial
Floor Area
2816.00 m²
Description:
Property ID
1c3f9k5

Sick of missing out on Industrial Investment's because the yields are too low? Then look no further because this opportunity really is a needle in a haystack in this current market. Seldom do opportunities like this become available for Industrial properties in Auckland. A motivated vendor means this property will sell at an extremely reasonable level above a 7% investment yield.

The property is zoned Light Industrial under the Auckland Unitary Plan & comprises of 7 x Tenancies returning $245,714 per annum + GST. The property lies on a 5,648m² Freehold site with three individual buildings totaling 2,759m². The property is excellently located to the State Highway 1 onramps and Great South Road which links the property to the southern corridor suburbs.

KEY FEATURES:
• 2759m² Building
• 5648m² Land
• Split Risk Investment
• Excellent Cashflow
• Motivated Vendor
• 7x Tenancies

The property is For Sale by way of Negotiation in conjunction with Lovegrove Realty Ltd. For further information including; Information Memorandum's, IEP Reports, Leases, LIM Report's, please get in touch with the agent's listed below.

William Koreman
021 0755 656
w.koreman@barfoot.co.nz

Chris Caldwell
021 818 376
chris.caldwell@lovegroverealty.co.nz

Enquire about this property

Manurewa Area