Listing #:1271584568

South Auckland Commercial Jackpot

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Location: 2 Jellicoe Road, Manurewa, Manukau City, Auckland
Property use: Industrial
Floor area: 2,460m2
Land area: 5648m2
Price: Price by negotiatio­n
Take your chance to get ahead of the game.

Are you looking for a great opportunity to purchase a property with significant cash flows and the opportunity to add value?

On offer is a significant commercial property located just north of Manurewa, featuring multiple income streams, and a diversity of tenants.

The property has a huge 5648m2(mol) land area and the building has 2759m2 (mol) of leasable space.

Currently there are seven tenancies, including a laundromat, superette, training organisation and a range of manufacturers. The tenancy base is robust giving consistency of returns. Rental returns are currently just over $245,000 (net) per annum.

Past experience has shown that space in the building is sought after.

Current leases rates operating in the building are competitive, and could be improved with further investment. In the long term there are a large range of potential development opportunities.

The owner is looking to sell the property with realistic yields, meaning the purchaser is likely to have good positive cash flows from day one.

For those looking for a productive and flexible investment this building is an exciting option.

With a great location, and attractive returns this building is a must see!

Call Chris on 021 818 376 for further information

Asking price excludes GST (if any).

For a copy of the information we have available on this property please copy and paste this link into your web browser: propertyfiles.co.nz/property/PMK1­3867

PLEASE NOTE: The technical information provided (including the floor and section sizes) has been sourced from organisations such as RPNZ, Property Guru, and the Council; and are broad guides for general information only. They are solely intended to provide a general understanding of the subject matter and to help you assess whether you need more detailed information. We recommend you seek your own independent advice on everything material to your purchasing decision.

Agency reference #: PMK13867
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Price by negotiation
2 Jellicoe Road, Manurewa, Manukau City, Auckland
Price by negotiation
Listed: Tue 28 Feb, 11:25 am
Chris Caldwell
Professionals (Lovegrove Realty Ltd), (Licensed: REAA 2008)
  • Contact details
  •  (09) 5559127
  •  (021) 818376

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Agent's details

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Chris Caldwell
Professionals (Lovegrove Realty Ltd), (Licensed: REAA 2008)
(09) 5559100
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Expires: Fri 30 Nov, 9:15 am
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