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Bayleys Real Estate Limited South Auckland, (Licensed: REAA 2008)

146-2/158 Cavendish Drive, Manukau

Price by negotiation

Listing Description

Listed: Fri, 1 Nov

High-profile industrial investment

146-2/158 Cavendish Drive, Manukau, Manukau City, Auckland

Price by negotiation

Details

  •   1132m² Floor
AttributeValue
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


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Bayleys Real Estate Limited South Auckland, (Licensed: REAA 2008)

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