Multi Tenanted Industrial Investment

1/30, Kerwyn Avenye, East Tamaki, Manukau City

Price On Application

Proposed Usage
Industrial
Floor Area
1582.70 m²
Description:
Property ID
1c5gcch



1/30 Kerwyn Avenue offers buyers the opportunity to develop, occupy or just continue to collect the steady income from the two existing tenants. With a food grade fit-out which includes a blast freezer, multiple roller doors and an exclusive yard set on one of East Tamaki’s main arterial roads the options for future development are endless.

The property is approximately half of a seven unit development on Kerwyn Avenue with its own exclusive yard of circa 2,800m² and 1,582.7m² building. The other half of the site has been split into 6 units, whereas 1/30 has been kept as one unit. However, the property benefits from 7 roller doors which could allow for the property to be split into smaller tenancies in the future.

Currently returning $165,621 net pa + GST from two tenancies, this split risk investment also has the option of vacant possession with the rear of the site available for occupation if desired.

1/30 Kerwyn Avenue is situated on one of East Tamaki’s main arterial roads that benefits from excellent traffic exposure. Connected directly to Highbook Drive, the property is situated only minutes to the Highbrook SH1 interchange. Easy access to nearby areas such as Wiri, Airport and Mt Wellington make this location extremely desirable.

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East Tamaki Area