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James Group Limited, (Licensed: REAA 2008)

529D Great South Road, Manukau

Asking price: $1,680,000

Listing Description

Listed: Thu, 23 Nov

Split Risk Industrial Investment with Upside

529D Great South Road, Manukau, Manukau City, Auckland

Asking price $1,680,000

Details

  •   316m² Floor
AttributeValue
Property use
Industrial
Property ID#
IKF410
Agency reference
JG09669

Description

James Group is proud to present Unit D, 529 Great South Road, in Manukau. This tenanted industrial property comprises 315.78 sqm (more or less) of medium-stud warehouses split into 3 separate units on one unit title. Unit 1 has a sliding door, Unit 2 and 3 have their own roller door, separate access, and have car parking directly outside and AU's along the fence line. There is also a fenced yard of approximately 230sqm which unit 3 uses. The units have been refurbished internally and some external works, asphalt works in the common area are due to be started shortly and taken care of by the body corporate.

Located on Great South Road - a main arterial route through Manukau, this investment not only benefits from this great location being 2.5km to SH20 and 2.0km to SH1, the 3 tenancies provide three separate rental incomes providing split risk to any investor.

Key Features:

  • Tenanted industrial investment currently returning $90,799 net per annum + GST
  • NLA of 315.78sqm (more or less)
  • Recently refurbished including interior redecoration, reclad and gutter work
  • Rental return increasing from February 2024
  • Mixed Use Zoning

The Manukau/Wiri industrial zone is the fastest-growing commercial zone in Auckland. D/529 Great South Road is strategically located with unparalleled access to the Southern Motorway State Highway 1, and State Highway 20 to Auckland Airport and West Auckland for convenience traveling across all directions.

AVAILABLE ON REQUEST: Information Pack, Pre-Contract Disclosure Statement, Body Corporate Information, Leases, and LIM. Contact the SOLE AGENTS below to view:

Myron Simpson 021 105 0196 or (09) 253 9330 mailto:myronsimpson@jamesgroup.co.nz

or

Jordan Palmer 0222 888 204 or (09) 253 9330 mailto:jordanpalmer@jamesgroup.co.nz NOTE: All prices are exclusive of outgoings and GST (unless otherwise stated). All floor areas are approximate and boundary lines (when drawn) are indicative. James Group Real Estate Ltd Licensed under the REAA 2008


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James Group Limited, (Licensed: REAA 2008)

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