Top shelf investment

20, Lakewood Court, Manukau, Manukau City

Price On Application

Proposed Usage
Retail
Floor Area
276.00 m²
Land Area
2000.00 m²
Description:
Property ID
1c5p3nn

• 2,000sqm (more or less) fee simple Business Mixed Use site
• National brand tenant in occupation for over twenty years
• Conveniently located to Manukau CBD, Sebel Hotel, SH1 and SH20, Vodafone Events Centre and recent residential apartment developments
• Returning $115,833pa plus GST and outgoings (approx.)

Constructed in the early 1990's and leased to AA Auto Service and Repair, the property is split over two levels with the main level consisting of three service bays, two which operate at above and below pit facilities, the third having hoist facilities.

Manukau has been one of Auckland's fastest growth areas for the last five years. This growth has been supported by the transformation of Manukau Train Station, AUT University and favourable high density zoning.

The added bonus of surplus land of 850sqm (more or less) located at the rear of the property, presents a potential opportunity for future development.

Investors, developers and land bankers should take advantage of this top shelf investment with a well established tenant.

Contact the SOLE Agents today

Tony Chaudhary
021 995 121
tony.chaudhary@bayleys.co.nz

Janak Darji
021 047 1290
janak.darji@bayleys.co.nz

Amy Weng
021 177 3422
amy.weng@bayleys.co.nz

Enquire about this property

Manukau Area