DIVERSIFIED INVESTMENT WITH UPSIDE

East Tamaki, Manukau City

By Negotiation

Proposed Usage
Retail
Floor Area
898.00 m²
Description:
Property ID
1c00sxg

Located on a main East Tamaki thoroughfare to and from Flat Bush and the future Ormiston Town Centre. Good on-site parking plus sealed yard area with excellent "add value" opportunity.

Multi-tenanted asset that provides much sought after risk diversification. The property has five tenancies, Wholesale Meats Direct, Mum's Kitchen, Fruit & Vege Superette, Laundromat and Church along backside of premises.

The new owner of this investment will always enjoy the security of income from these small, high profile tenancies, with very affordable rentals.

KEY FEATURES
• Five tenancies plus land/yard
• Currently returning circa $102,500 p.a
• 898m² of building on busy East Tamaki Road
• Next to Gull service station and East Tamaki Tavern
• Strategic location, gateway to Flat Bush and future Ormiston Town Centre
• Split risk investment plus rear land opportunity
• Customers are drawn to this well located Pacific Court retail premises with a great range of tenants and services

For Sale by Deadline Private Treaty closing 4:00pm Thursday 16th November 2017 (unless sold prior) Building 5, 60 Highbrook Drive, East Tamaki.

Enquire about this property

East Tamaki Area