Positive returns from three branded tenants


U/185 Great South Road, Manurewa

Private Treaty

Download Email
Positive returns from three branded tenants | U/185 Great South Road, Manurewa | 1902893 |      X Close
Image
Description

Positive returns from three branded tenants


• Thriving Manurewa township location, opposite the Train Station

• Freehold split risk investment with three well established and entrenched tenants

• New ten year lease from Dollar Dealers and recently renewed Salvation Army lease

• Returning $279,597.05pa plus GST and outgoings

Located on the south west end of busy Southmall, the property is part of a wider complex supported by neighbouring tenants including New World, TAB and Pizza Hut. Unit U, 185 Great South Road is the anchor unit within Southmall with newly signed and renewed leases to Dollar Dealers, Salvation Army and Crackerjack (all with multiple stores throughout Auckland).

With just over 3,090sqm (more or less) of lettable area, the property is ripe with further rental growth in a strategic part of the mall next to the train station. In an area poised to serve the surrounding residential catchment, passive investments of this calibre seldom become available.

For further information, contact the sole agents today

Tony Chaudhary

021 995 121

tony.chaudhary@bayleys.co.nz

Janak Darji

021 047 1290

janak.darji@bayleys.co.nz

Amy Weng

021 177 3422

amy.weng@bayleys.co.nz

U/185 Great South Road, Manurewa

Open in map