Listing #:1534053440

Solid hands off investment

Location: 54 Tidal Road, Mangere, Manukau City, Auckland
Property use: Industrial
Floor area: 3,600m2
Price: Asking price $7,000,000
• Total building area of 3,600sqm (more or less)
• Freehold title of 7,315sqm (more or less)
• Six separate tenants
• Currently returning approximately $400,142pa net + GST
• 100% IEP Rating

This is a truly outstanding multi tenanted investment located on Tidal Road, Mangere in the heart of the Mangere Industrial precinct. The tenants have been long term occupiers and this property is a good long term holding for the savvy investor.

The Mangere Industrial precinct is continuing to become a highly desirable industrial area and is home to some of the largest freight and logistics companies. The area is only a short drive from the Auckland International Airport and has easy access to the industrial precincts of Wiri, Onehunga, Penrose and Mt Wellington.

Opportunities like this are rare in todays market so call now.

Nick Bayley
021 174 2440
nick.bayley@bayleys.co.nz

Agency reference #: 1901554
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Asking price: $7,000,000
54 Tidal Road, Mangere, Manukau City, Auckland
Asking price: $7,000,000
Listed: Thu 1 Feb, 10:16 am
Nick Bayley
Bayleys Manukau C & I, (Licensed: REAA 2008)
  • Contact details
  •  (09) 2736666
  •  (021) 1742440

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Agent's details

Nick Bayley
  •  (09) 2736666
  •  (021) 1742440
Bayleys Manukau C & I, (Licensed: REAA 2008)
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Expires: Tue 19 Feb, 11:30 am
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