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Commercial Realty Ltd, (Licensed: REAA 2008)

157 Great South Road, Manurewa

Asking price: $3,720,000

Listing Description

Listed: Sun, 12 Nov

Vendors Wants All Offers Presented!! - 7.5% Return

157 Great South Road, Manurewa, Manukau City, Auckland

Asking price $3,720,000

Details

  •   1370m² Floor
AttributeValue
Property use
Retail

Description

Commercial Realty is proud to bring to the market as sole agents, The Manurewa Medical Centre at 157 Great South Road.

This 3 storey retail building is being offered as a split risk investment with 6 medical related tenancies including a pharmacy in place. The Centre is currently returning a net rental figure of $269,739 with regular rent reviews in place. Twelve months free property management if applicable.

This freehold 1,370m² building is located in the Town Centre Zone of Manurewa and offers unmatched exposure to the Manurewa region. There is ample parking through the large council car parks on either side of the building.

The Manurewa Medical Centre has been the heart of the Manurewa retail hub since construction and offers you the chance to own the pride of Manurewa.

All viewings are strictly by appointment only.

The property areas are as follows:

  • Retail 1,370sqm

Features:

  • 6 tenancies returning a net rent roll of $269,739 plus GST and OPEX
  • Regular rent reviews in place
  • Business-Centre Zoning
  • Original construction in 1966
  • Dual entrances off Great South Road and Northcrest Way
  • Free property management for twelve months, if applicable

The Manurewa region is regarded as some of Auckland’s fastest growing commercial and industrial hubs. It has excellent access to State Highway 1 and 20, and is located just 13kms away from the Auckland International Airport and is within 26kms of both the Auckland CBD, and Ports of Auckland.

Please contact Adam Ward or David Turner to discuss the above property or give us a call and we can talk in more depth about other opportunities within the Auckland Area.

Adam Ward 022 166 4941 mailto:adam@commercialrealty.co.nz

David Turner 021 796 588 mailto:david@commercialrealty.co.nz

Or refer to http://www.commercialrealty.co.nz for a comprehensive range of listings as we don't advertise all our listings on external websites

All prices exclude GST (unless otherwise stated)


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