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Papatoetoe

27 East Tamaki Road, Papatoetoe, Manukau

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720sqm Floor area
736sqm Land area SQM
10 Offstreet

Auction

(unless sold prior)

Solid investment, inspired location


A quality tenanted investment is on offer here, with a strong tenant who has been located here for many years and is keen to stay. This offering will appeal to investors looking for a building in a prime location and scope to increase their passive income.

The building is occupied by Aotea Finance with a current net rental of $116,372.27 + GST per annum with a rent review due on the 1st February 2022. The current lease has a final expiry of 31 January 2028 if all renewals are exercised.

A total freehold parcel of land measuring 736sqm (more or less) with approximately ten carparks at the rear accessed via a rear accessway and six carparks at the front. The building covers two levels with a floor area of 720 sqm (more or less). Solid construction with concrete block walls and steel roof combine to make this a low maintenance investment. C grade earthquake rated building (48% NBS).

Make the move now and secure this quality property in your portfolio. Contact us for further information and viewing.

Mike Hook
027 332 2495
mike.hook@bayleys.co.nz

Janak Darji
021 047 1290
janak.darji@bayleys.co.nz



Auction
(unless sold prior)

292 Great South Road, Takanini

26

Oct

Time12pm
Calander
Calendar
Mike Hook

Mike Hook


Bayleys Real Estate Ltd, Pukekohe,
Licensed under the REA Act 2008
Janak Darji

Janak Darji


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

Features

Carparks


Ten

Floor area


720sqm (more or less)

Land area


736sqm (more or less)