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Mangere

6 Andrew Baxter Drive, Mangere, Manukau

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1,493sqm Floor area
4,047sqm Land area SQM

Asking Price NZ$4,800,000 + GST

 (if any)

Split risk investment


• 1,493sqm over two separate buildings
• 4,047sqm freehold site
• Three sperate tenancies
• Opportunity to negotiate a brand new lease over one of the tenancies available
• Potential market rental of $249,000pa + GST & OPEX
• Zoned light industrial

This is a fantastic opportunity for the astute investor to get their hands on a split risk investment with an add value upside situated in the heart of the Airport Oaks industrial precinct.

The property is well presented and consists of clear span warehouse with office/amenities across two buildings. The site provides ample car parks along with drive through access

The Airport Oaks precinct continues to be a highly desirable and sought after industrial location and is home to some of the world's largest freight and logistics companies. With new roading upgrades this precinct has easy access to the other main industrial precincts of Wiri, Penrose, Onehunga and Mt Wellington.

Opportunities like this rarely present themselves in today market so call the SOLE AGENTS today for full information and viewing details.

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

Karl Price
021 552 503
karl.price@bayleys.co.nz

Tom Davison
021 880 733
tom.davison@bayleys.co.nz

Nick Bayley

Nick Bayley


Bayleys Property Services Ltd,
Licensed under the REA Act 2008
Karl Price

Karl Price


Bayleys Real Estate Ltd, South Auckland,
Licensed under the REA Act 2008
Tom Davison

Tom Davison


Bayleys Real Estate Ltd, South Auckland,
Licensed under the REA Act 2008

Features

Annual


Returning $191,250pa net from two of three tenants Opportunity to negotiate new lease with third tenant

Building area


1,493sqm (approximately)

Location


Tightly held and popular Airport Oaks precinct

Site area


4,047sqm (approximately)