52 Alfriston Road, Manurewa East, Manukau

Long term investment - 15 year lease

• Realistic vendor willing to meet market
• Set on a large 1,831sqm (more or less) fee simple site with two titles
• Returning $210,600pa plus GST and outgoings with assured rental growth
• Zoned Residential Mixed Housing Urban
• Attractive yield between 6.75 - 7%
• 100% of NBS, Grade A Seismic (IEP) rating

An opportunity to secure a hands off, bottom drawer investment in a key area of South Auckland should not be overlooked. Built to high specifications in 2012, the property is underpinned by a Fee Simple land holding of 1,831sqm (more or less) zoned Residential Mixed Housing Urban.

This quality purpose built childcare centre is located in an area with strong population support. Licensed for 90 children, the centre is currently running at near full capacity.

New and seasoned investors should take advantage of this prime long term investment.

Contact the SOLE Agents today

Tony Chaudhary
021 995 121
tony.chaudhary@bayleys.co.nz

Amy Weng
021 177 3422
amy.weng@bayleys.co.nz

Piyush Kumar
027 410 4750
piyush.kumar@bayleys.co.nz