


Listing Description
High-profile industrial investment
146-2/158 Cavendish Drive, Manukau, Manukau City, Auckland
Price by negotiation
Details
Attribute | Value |
---|---|
Property use | Industrial |
Agency reference | 1905602 |
Description
- Brand-new five-year lease
- Returning $330,000pa net + GST and outgoings
- Strategic location in sought-after precinct
- Tidy warehousing and office with a large yard area
- Motivated landlord
An exceptional opportunity to secure a high-profile industrial property on one of Manukau's main arterials and on the border of Wiri, one of Auckland's most sought-after industrial precincts. This well-presented property offers investors a passive income stream with a new five-year lease returning $330,000 per annum net + GST, with fixed annual increases and a mid-term market review.
Comprising two adjoining warehouses with clear-span designs and office/amenities, the property offers a total net lettable area of 1,132sqm (approximately). The property also boasts a fully secure, corner site yard of 1,650sqm (more or less), providing unparalleled exposure to both Cavendish Drive and Plunket Avenue.
Karl Price 021 522 503 mailto:karl.price@bayleys.co.nz
Greg Hall 021 023 21884 mailto:greg.hall@bayleys.co.nz
Map
Agent's details
