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East Tamaki

107 Harris Road, East Tamaki, Manukau

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3,034sqm Floor area
8,093sqm Land area SQM

For Sale by Negotiation

Split-risk investment with development upside


• Commanding 8,093sqm freehold site on key East Tamaki arterial
• 3,034sqm (more or less) comprising trade retail and industrial
• Currently returning approximately $712,834pa net + GST
• Split-risk investment with superb development upside

107 Harris Road offers a rare opportunity for purchasers to acquire a strategic investment with future development upside. Underpinned by 8,093sqm (more or less) of freehold land, the property benefits from nine separate tenancies, seven of which are returning a combined rental of approximately $712,834pa net + GST, with further uplift from two small vacancies.

The four trade retail tenants offer long-term and strong covenants while the remaining short-term industrial tenancies allow for development potential and future upside.

The property enjoys a high-profile position on Harris Road, one of East Tamaki's main arterial routes, and houses a vast range of commercial and industrial occupiers. With just 38% site coverage and an attractive diversified income, this offering should appeal to a range of investors, owner-occupiers and developers.

Call now for more information.

Tim Bull
021 127 1831
tim.bull@bayleys.co.nz

James Hill
021 599 529
james.hill@bayleys.co.nz

Sunil Bhana
021 938 660
sunil.bhana@bayleys.co.nz

Tim Bull

Tim Bull


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

James Hill


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

Sunil Bhana


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

Features

Floor area


3,034sqm (more or less)

Land area


Commanding 8,093sqm (more or less) freehold site

Opportunity


Split-risk investment with superb development upside

Zoning


Business - Heavy Industry

Have your questions answered

Our agents are experts on all things in the property market, if you haven't found what you're looking for, please enquire with the listing agent now to have all of your property questions answered.

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