BANK AS TENANT INVESTMENT OPPORTUNITY

19, Coronation Road, Mangere Bridge, Manukau City

Auction

Proposed Usage
Retail
Description:
Property ID
1bt04n3

- High profile corner site
- Well presented freehold building
- Well established tenant since 1991
- IEP rating 67% NBS
- Add value investment opportunity
Well positioned on the corner of Coronation Road and Rimu Road at Mangere Bridge, this single level commercial property is an add value investment opportunity. Occupied by established bank tenant since 1991, returning net annual income of $34,000 + GST.
The Mangere Bridge town centre is a highly sought after location. Over recent years, the heavy traffic flows in conjunction with a sizeable and growing residential population, has attracted increasing amount of development opportunities in the area. The property is surrounded by local retails, cafes, restaurants and local schools. Easy access to motorway and airport is a bonus.

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Mangere Bridge Area