Fully Leased Investment - Growth Location

12, Lambie Drive, Manukau, Manukau City

Tender

Proposed Usage
Industrial
Floor Area
4894.00 m²
Land Area
7218.00 m²
Description:
Property ID
1bzm4hd

- Freehold standalone investment in high profile growth location
- Returning a total of $610,000 + GST p.a. (approx.) from 10 tenants
- Underdeveloped 7,219sqm strategic fee simple land holding
- Established and popular Manukau position, a short distance from Manukau Town Centre
- Diversified income streams with future development potential - a must view

This fully leased investment opportunity is a must view for all purchasers looking to secure a huge diversified cashflow from a well located and strategic asset.

The property offers a combined income of $610,000 + GST p.a. (approx.) from a total of 10 tenants and offers a sought after spread of risk from a mixture of warehouse and office tenancies, including a Government anchor tenant who have renewed for a further three years.

The property is underpinned by a 7,219sqm fee simple land holding, which when combined with this growth location and underlying zoning, presents a number of future add value opportunities.

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Manukau Area