Listing #:1716256490

Diversified Investment $396k pa net, at $6.95m

Location: 54 Tidal Road, Mangere, Manukau City, Auckland
Property use: Industrial
Floor area: 3,955m2
Land area: 7315m2
Price: Enquiries over $7,000,000
Diversified Passive Investment - $396,000pa net income, asking $6.95m

A stable diversified income investment with all five current tenants having been there for 15-30 years!

- Currently returning $356,142pa net + GST from five tenancies
- All Leases are subject to rent reviews in first half of 2019
- Plus additional $40,000pa expected from leasing of recently refurbished modern office
- Total 3,955m2 lettable floor area on 7,315m2 freehold land
- 100% IEP seismic rating
- Close proximity to airport and SH20

Please call for further information.
Alistair Macrae - 027 421 6529
Haig Robinson - 021 905 834

If this property is not quite what you are looking for, get in touch. We have other off-market properties that may suit your investment criteria.

Agency reference #: L19456190
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Enquiries over $7,000,000
54 Tidal Road, Mangere, Manukau City, Auckland
Enquiries over $7,000,000
Listed: Mon 30 Jul, 7:44 am
Alistair Macrae
Haig Robinson Realty
  • Contact details
  •  (027) 4216529
  •  (027) 4216529

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Advertiser's details

Alistair Macrae
  •  (027) 4216529
  •  (027) 4216529
Haig Robinson
  •  (021) 905834
Haig Robinson Realty
(09) 3522022
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