Passive Investment in Growth Location
5A, Ryan Place, Manukau, Manukau City
- Proposed Usage
- Floor Area
- 1500.00 m²
- Land Area
- 2006.00 m²
- Property ID
- Freehold standalone commercial investment property
- New 3 year lease to proven operator with multiple sites, returning $200,400 + GST p.a.
- Strategic location a short distance from Manukau City Centre and education precinct
- Grade A (95% NBS) seismic rating
- Solid passive investment with fixed 2.5% annual rental growth
This property will appeal to all investors searching for a hands off investment in a strategic growth location. A new 3 year lease is in place a proven operator with multiple sites in Auckland and around New Zealand, returning $200,400 + GST p.a. with fixed annual rental growth.
The property has been refurbished throughout and now provides modern office accommodation over two levels in addition to 24 secure car parks.
Located a short distance from the AUT Manukau Campus and Manukau City Centre, this property is in the heart of one of Auckland's key growth precincts and provides easy access to motorways and transport links.
Call now for further information