64 Lovegrove Crescent, Otara, Manukau

Split risk industrial investment

• Dual access with a service lane to the rear of the property
• Close to State Highways 1 and 20, Auckland Airport, Manukau CBD and other eastern and southern arterials
• Well established tenant returning $72,000pa (approx.) plus GST and outgoings

The property is located between the industrial precincts of East Tamaki & Highbrook. Within minutes to motorway on and off ramps the property is fully tenanted to two well established tenancies including a mechanic and a commercial user. A quality building, the property benefits from dual access to both Lovegrove Crescent and Thurso Lane which runs along the back of the property.

With residential development underway in the nearby vicinity as well as new commercial activities including the recent construction of a new medical centre and petrol station in close proximity, the property is well located to serve the surrounding residential catchment.

With a shortage of strategically positioned industrial properties, astute investors should not miss this opportunity to acquire a site in a demographically changing location.

For further information, contact the sole agents today

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

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

Jordan Brown
021 144 9825
jordan.brown@bayleys.co.nz