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Listing Description

Listed: Thu, 2 Nov

Split-risk investment with development upside

107 Harris Road, East Tamaki, Manukau City, Auckland

Price by negotiation


  •   3034m² Floor
  •   8093m² Land
Property use
Agency reference


  • Commanding 8,093sqm freehold site on key East Tamaki arterial
  • 3,034sqm (more or less) comprising trade retail and industrial
  • Currently returning approximately $712,834pa net + GST
  • Split-risk investment with superb development upside

107 Harris Road offers a rare opportunity for purchasers to acquire a strategic investment with future development upside. Underpinned by 8,093sqm (more or less) of freehold land, the property benefits from nine separate tenancies, seven of which are returning a combined rental of approximately $712,834pa net + GST, with further uplift from two small vacancies.

The four trade retail tenants offer long-term and strong covenants while the remaining short-term industrial tenancies allow for development potential and future upside.

The property enjoys a high-profile position on Harris Road, one of East Tamaki's main arterial routes, and houses a vast range of commercial and industrial occupiers. With just 38% site coverage and an attractive diversified income, this offering should appeal to a range of investors, owner-occupiers and developers.

Call now for more information.

Tim Bull 021 127 1831

James Hill 021 599 529

Sunil Bhana 021 938 660



Agent's details

Enquire about the property

Bayleys Manukau C & I, (Licensed: REAA 2008)

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