Freehold Investment Opportunity

10, Grayson Avenue, Manukau, Manukau City

Auction

Proposed Usage
Industrial
Floor Area
550.00 m²
Land Area
1186.00 m²
Description:
Property ID
1btnsdg



A fantastic entry-level investment on a standalone freehold title. The current tenant is in on a 3 year initial term with 3 x 3 years right of renewal. There are market reviews at renewal.

The building comprises an industrial building on its own rear site. Constructed with concrete block walls and lightweight steel frame with a long-run steel roof, the building has two levels of office and a warehouse which is accessed via 3 roller doors. The property could be split into multiple spaces in the future to create a potential split-risk opportunity.

Situated in Manukau’s industrial precinct, Grayson Avenue stretches from Puhinui Road down to Cavendish Drive. The area is well serviced with Manukau City Centre being just 2km away. Access to motorways is easy with SH1 on-ramp being a short 3km distance and SH20 on-ramp less than 2km away.The Auckland International Airport is in close proximity and is readily accessible and Auckland’s CBD is approximately 19km.

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Manukau Area