• Split risk investment with two income streams
• Two national brand tenants returning $142,860pa plus GST and outgoings
• Current WALT 2.68 years
• Plenty of car parking at the front door
• Mix of fixed rental increased and market rental reviews
This unit titled property benefits from high exposure to a busy Manukau arterial route. The complex has excellent carparking ratio for tenants and staff and is supported by numerous high profile national tenant neighbours. These tenants are company owned and not franchises. Both have multiple outlets nationwide. This is a great opportunity to own a hands-off investment with built in rental growth and excellent lease terms.
The property is well located, at the northern fringe of Manukau City Centre and State Highway One access is available via the Te Irirangi motorway interchange to the east. The property is also within close proximity to large retailers such as Kmart, Bunnings, Torpedo 7, The Warehouse, and Westfield Manukau shopping mall.
For more information please contact:
Geoff Wyatt
021 982 322
geoff.wyatt@bayleys.co.nz
Peter Migounoff
027 4920 788
peter.migounoff@bayleys.co.nz