Mangere
10 Rennie Drive, Mangere, Manukau
+10
Rare freehold investment on Rennie Drive
• Split-risk investment returning net $206,947pa + GST
• 1,656sqm (more or less) fee simple landholding
• Two industrial tenancies totaling 997sqm (approximately)
• Business - Light Industry zoning
Bayleys is pleased to present this well presented split-risk industrial investment opportunity. Strategically positioned at the airport precinct, one of Auckland's most tightly held industrial precincts.
The property generates a combined net rental income of $206,947pa + GST from two tenancies, providing investors with the benefit of diversified cash flow and reduced tenancy risk. The improvements consist of two industrial tenancies comprising well-presented office and clear span warehouse with associated off street parking and yard space.
Industrial investments offering multiple income streams, quality improvements, and strong tenant covenants are becoming increasingly difficult to secure. Don't miss out, call now!
Ash Martinus
022 343 9319
ash.martinus@bayleys.co.nz
Greg Hall
021 023 21884
greg.hall@bayleys.co.nz
James Valintine
021 023 71868
james.valintine@bayleys.co.nz
Ash Martinus
Bayleys Real Estate Ltd, South Auckland,
Licensed under the REA Act 2008
Greg Hall
Bayleys Real Estate Ltd, South Auckland,
Licensed under the REA Act 2008
James Valintine
Bayleys Real Estate Ltd, South Auckland,
Licensed under the REA Act 2008
Features
Floor area details
997sqm (approximately)
Zoning
Business - Light Industry
Land area breakdown
1,656sqm (more or less)
Location
Strategically positioned at the airport precinct, one of Auckland’s most tightly held industrial precincts
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