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Papatoetoe

14 Grayson Avenue, Papatoetoe, Manukau

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

Urgent Sale - Vendor circumstances force disposal


Key Features:
• High-yielding industrial investment with diversified income
• Returning $188,542.37 + GST + Outgoings
• Three established tenants providing strong passive cashflow
• Recent business ownership changes have strengthened tenant profile
• 1,272sqm (more or less) building area
• 2,198sqm (approximately) land area
• Vendor demands sale - all interest encouraged

Conveniently located on Grayson Avenue, just off Cavendish Drive, this is a rare opportunity to secure a high-yielding freehold industrial investment in the heart of the tightly held Manukau industrial precinct. Returning $188,542.37pa + GST + Outgoings annually from three established tenancies, this property offers investors a strong passive income stream underpinned by occupiers servicing the surrounding commercial and industrial market.

Recent changes in business ownership across parts of the tenancy profile have further strengthened the covenant position of the asset, enhancing the long-term security of the income and providing confidence for investors seeking dependable cashflow in a proven industrial location.

Industrial investments delivering diversified income streams, established occupancy, and attractive holding returns remain highly sought after, particularly within South Auckland's premier industrial hubs. With clear instructions to sell, purchasers are encouraged to act quickly.

For Sale by Deadline Private Treaty
(unless sold prior)

2 Harris Road, East Tamaki, Auckland

25
Jun

Time2pm
Calander
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Roman van Uden

Roman van Uden

Commercial, Industrial and Development Sales and Leasing

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

Ash Martinus

Industrial Sales and Leasing

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

Features

Floor area details


1,272sqm (more or less) building area

Passing income


Returning $188,542.37 plus GST and OPEX

Occupancy


Three established tenants providing strong passive cashflow

Location


Conveniently located on Grayson Avenue, just off Cavendish Drive

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