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Highland Park

D and F/26 Aviemore Drive, Highland Park, Manukau

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250sqm Floor area

For Sale by Negotiation

High yielding 7% return investment


This is an opportunity to purchase two office units totalling 250sqm (more or less) on separate titles in the Aviemore Court commercial office building which has no current vacancies. The units are currently combined and leased to one professional tenant returning $67,508pa plus GST
and outgoings until 1st April 2024.

Options galore present themselves at that time:

• Owner occupy one or both units
• Keep as one tenancy or split into two
• Lease one, sell one
• Refurbish and sell both
• Refurbish and lease both at higher rentals for smaller individual units

Suit an investor looking for a high yield commercial investment to provide an excellent return. This opportunity includes two separate titles in a great location with ample parking. The Aviemore Court building is a landmark property on Aviemore Drive, Pakuranga. Enjoy immediate income until the expiry of the current lease term in April 2024, then explore the options to add further value.

Call the Sole Agents below for an Information Memorandum and further details on this fantastic opportunity:

Geoff Wyatt
021 982 322
geoff.wyatt@bayleys.co.nz

Matt Dell
027 221 9735
matt.dell@bayleys.co.nz

Mike Marinkovich
021 779 117
mike.marinkovich@bayleys.co.nz

Matt Dell

Matt Dell


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

Geoff Wyatt


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

Mike Marinkovich


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

Features

Investment


Commercial investment

Return


Expecting a high yield return

Tenancy


Units are currently combined and leased to one professional tenant returning $67,508pa plus GST and outgoings until 1st April 2024