14 Grayson Avenue, Papatoetoe, Manukau

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