High Quality Tenanted Investment


C/5 Jack Conway Avenue, Manukau City

Asking Price NZD $2,100,000 + GST (if any)

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High Quality Tenanted Investment | C/5 Jack Conway Avenue, Manukau City | 1950714 |      X Close
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High Quality Tenanted Investment


• Unit title on freehold corner site offering substantial exposure

• Modern, low-maintenance premises

• Two long-standing and well-established tenants returning $130,000pa plus GST plus Outgoings

• Total floor area 471sqm (approx) - ground floor 230sqm and first floor 241sqm with carparks

• Attractive Manukau CBD location close to key transport routes

The opportunity to secure a long-term tenanted investment in sought-after Jack Conway Ave awaits. The well-presented first floor office is tenanted by an established international business. Both tenants have long-term leases providing income security for the new owner. The First Floor tenant, Bartercard New Zealand has a 8 year lease, commencement date of March 2013, with two (2) x four (4) years rights of renewal with a net rental of $50,000 plus GST and outgoings. Ground floor tenant, Gordy's Bar & Gaming Lounge has an 8 year lease, commencement date December 2016, with three (3) x four (4) years rights of renewal, with a net rental of $80,000 plus GST and outgoings.

Whether you are a savvy investor adding to your portfolio, or a first time commercial investor wanting independent ownership, this properly ticks all the boxes.

Don't delay, contact us today to view the property.

Rod Grieve

Tauranga

Licensed under the REA Act 2008

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Maxene Bates

Takanini

Licensed under the REA Act 2008

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C/5 Jack Conway Avenue, Manukau City

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Rod Grieve

Tauranga

Licensed under the REA Act 2008

View profile

Maxene Bates

Takanini

Licensed under the REA Act 2008

View profile