Papatoetoe
10 Grayson Avenue, Papatoetoe, Manukau
+14
Affordable entry-level investment
Key Features:
• Secure passive income from an established tenant
• Well-established tenant servicing the local market
• Situated in the heart of Manukau, a vibrant and rapidly growing industrial area
Located on the popular Grayson Avenue, just off Cavendish Drive, this is a prime opportunity for entry-level investors to secure a freehold industrial property in the heart of the Manukau industrial precinct. The property benefits from a well-established tenant, providing secure, passive income with a combined net rental of $88,023.60 + GST annually. The tenant provides a good return and services the local market in a highly desirable location.
Please contact the agents below for more information:
Ash Martinus
022 343 9319
ash.martinus@bayleys.co.nz
Karl Price
021 552 503
karl.price@bayleys.co.nz
2 Harris Road, East Tamaki, Auckland
Sep
2pm
Ash Martinus
Bayleys Real Estate Ltd, South Auckland,
Licensed under the REA Act 2008
Karl Price
Bayleys Real Estate Ltd, South Auckland,
Licensed under the REA Act 2008
Features
Occupancy
Secure passive income from an established tenant
Land area breakdown
1,186sqm (more or less)
Location
Situated in the heart of Manukau, a vibrant and rapidly growing industrial area
Zoning
Business - Light Industry
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