Affordable split-risk investment - Manukau Central


14 Grayson Avenue, Papatoetoe

Private Treaty

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Affordable split-risk investment - Manukau Central | 14 Grayson Avenue, Papatoetoe | 1905860 |      X Close
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Affordable split-risk investment - Manukau Central


Conveniently located on Grayson Avenue, just off Cavendish Drive, this is a prime opportunity for investors to secure a freehold industrial property in the heart of the Manukau industrial precinct. The property benefits from three established tenants, providing secure, passive income with a combined net rental of $179,695 + GST annually. The well-established tenants provide a good return and service the local market in a highly desirable location.

Key Features:

• Secure passive income from three established tenants

• Returning $179,695.00 plus GST and OPEX

• 1,272sqm (more or less) building area

• 2,198sqm (approximately) land area

• Situated in the heart of Manukau, a vibrant and rapidly growing industrial area.

Call now for further information or to arrange an inspection.

Roman van Uden

027 313 8803

roman.vanuden@bayleys.co.nz

Karl Price

021 552 503

karl.price@bayleys.co.nz