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Papatoetoe

14 Grayson Avenue, Papatoetoe, Manukau

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2,198sqm Land area SQM
1,272sqm Floor area

Affordable split-risk investment - Manukau Central


Conveniently located on Grayson Avenue, just off Cavendish Drive, this is a prime opportunity for investors to secure a freehold industrial property in the heart of the Manukau industrial precinct. The property benefits from three established tenants, providing secure, passive income with a combined net rental of $179,695 + GST annually. The well-established tenants provide a good return and service the local market in a highly desirable location.

Key Features:
• Secure passive income from three established tenants
• Returning $179,695.00 plus GST and OPEX
• 1,272sqm (more or less) building area
• 2,198sqm (approximately) land area
• Situated in the heart of Manukau, a vibrant and rapidly growing industrial area.

Call now for further information or to arrange an inspection.

Roman van Uden
027 313 8803
roman.vanuden@bayleys.co.nz

Karl Price
021 552 503
karl.price@bayleys.co.nz

Key features


Floor area details

1,272sqm (more or less) building area

Land area breakdown

2,198sqm (approximately) land area

Lease

Secure passive income from three established tenants

Occupancy

Returning $179,695.00 plus GST and OPEX