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Flat Bush

39 Bishop Dunn Place, Flat Bush, Manukau

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2,205sqm Land area SQM
600sqm Floor area

Investor or owner occupier opportunity


• 600sqm (approximately) two-level office building
• Completed 2018
• Returning $198,000 + GST and OPEX
• WALT of 3.55 years
• Passive investors or occupiers welcome
This modern freehold site includes a purpose built 600sqm (approximately) office building on 892sqm (more or less) of light industrial zoned land. This site is perfectly set for investors looking for a low maintenance investment, or owner occupiers looking new office with supplemented income.

The two-level building currently presents three tenancies; a ground floor commercial kitchen operating as a successful catering and eatery business, a ground floor afterschool education company, and on the first floor; a highly sought after co-working business. The three tenancies return $198,000 + GST and OPEX with a WALT of 3.55 years. For owner occupiers, the first floor can be made available with supplemented income from the two ground level tenancies.

The property is situated in the thriving suburb of Flat Bush which provides a range of retail, hospitality, commercial businesses, plus residential suburbs such as Botany, Ormiston, and Manukau, as well as New Zealand's largest industrial suburb, East Tamaki, are within an easy commute.

Cameron Bigwood
021 216 1160
cameron.bigwood@bayleys.co.nz

Geoff Wyatt
021 982 322
geoff.wyatt@bayleys.co.nz

For Sale by Negotiation
Cameron Bigwood

Cameron Bigwood

Commercial, Office and Retail Sales and Leasing

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

Geoff Wyatt

Retail and Office Sales and Leasing

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

Features

Floor area details


600sqm (approximately) office building over two floors

Opportunity


Future add-value opportunity with a potential for up to 550sqm (more or less) of development land

Available


Options to purchase fully-leased or part-leased for an owner occupier

Zoning


Business - Light Industry

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