Five adjoining industrial units on individual titles in South Auckland are being offered to the market for sale individually or in one line, providing purchasers with an opportunity to secure flexible ownership options in a well-established commercial precinct.
Units 1-5, 9 Holmes Road, Manurewa, span approximately 1,458sq m of total net lettable area with individual units ranging in size from 157sq m to 572sq m.
All units are currently occupied by a diverse mix of industrial tenants, returning $273,380 in net rental income per annum, with varying lease structures.
The tenancy profile is made up of a range of business types including cabinetry manufacturing, automotive services, vehicle repair, and storage.
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A key point of difference is the property's five individual titles, which create a range of future ownership and investment strategies.
Purchasers may choose to acquire and hold the entire complex, obtain a single unit, occupy one property while retaining income from the remainder, or pursue future staged resale or redevelopment opportunities.
Positioned within one of South Auckland's rapidly evolving commercial precincts near Takanini North, the stratum in freehold units are zoned Business-Light Industry under the Auckland Unitary Plan.
Colliers Brokers Gawan Bakshi and Hannah Soroka have been exclusively appointed to market the properties for sale via auction to be held at 11am on Wednesday 16 September at Colliers Highbrook, 52 Highbrook Drive, East Tamaki.
Bakshi, Associate Director of Investment Sales at Colliers, says that with a motivated vendor who is willing to see all offers presented, this is a purchasing opportunity that will catch the eye of buyers seeking a compelling acquisition proposition at an attainable entry point.
"Having the chance to acquire multiple industrial units on separate titles in a location such as this is relatively uncommon. It provides purchasers with a level of flexibility that can adapt alongside changing investment or business requirements," Bakshi says.
"The configuration of the property means it can be positioned to provide multiple income streams, owner-occupation, or future add-value initiatives."
Located just moments from State Highway 1, the property benefits from excellent connectivity via the motorway network, while nearby rail and bus services are within walking distance.
The wider commercial and industrial hubs of Auckland Airport, Wiri, Manurewa, and Takanini are all within easy reach, while the rapidly expanding Drury growth corridor sits immediately to the south.
Soroka, Industrial Sales Broker at Colliers, says the nearby expansion will enhance the property's value.
"The wider Drury region is projected to accommodate roughly 60,000 new residents over the next 30 years, supported by significant investment in infrastructure, transport networks, and metropolitan centre development," Soroka says.
"That growth is expected to support ongoing demand for commercial and industrial premises across the wider southern corridor.
"Well-located properties such as these, with easy access to key transport networks, are positioned to benefit from the continued evolution of South Auckland.
"The flexibility afforded by the individual titles, combined with the recent upgrades and diverse tenancy profile, creates a compelling proposition for a broad range of purchasers."
- Supplied by Colliers
