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Manurewa

3/108 Weymouth Road, Manurewa, Manukau

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46sqm Floor area

Affordable retail investment | Income with upside


Positioned within the established Leabank neighborhood centre, this affordable unit title retail property presents a compelling entry-level investment opportunity.

Comprising a single-level suburban retail shop of approximately 45.8sqm (approximately), the property is well-suited to investors seeking a low-maintenance asset with reliable income. The property is leased to an established beauty and hair salon operator, returning $16,000 + GST per annum. The tenancy is secured by a structured lease with multiple rights of renewal extending through to 2035, providing long-term income continuity and flexibility. This straightforward investment offers ease of management, with potential for future rental growth aligned with market reviews.

Located within a well-established suburban retail strip in Leabank, the property benefits from consistent local foot traffic and a strong surrounding residential catchment. The neighbourhood centre services the immediate community, ensuring ongoing demand from convenience-based retail operators. An excellent opportunity to secure an affordable, income-producing asset in a proven location.

Contact us today for further information or to arrange a viewing.

Asking Price NZ$309,000 + GST (if any)
Manmeet Singh

Manmeet Singh

Commercial, Investment and Retail Sales

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

Tony Chaudhary

Commercial and Investment Sales

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

Features

Add value


Returning tenant paying $16,000 + GST per annum

Location


Positioned within established suburban retail strip

Lease term


Lease with multiple rights of renewal through to 2035

Accessibility


Surrounded by strong residential catchment

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