Key features:
• Lease expiry 31 December 2027 with two-yearly fixed rental increases of 5%
• Prominent corner position with strong exposure
• Owner-occupiers, passive investors or add-value investor potential
This is an opportunity to secure a high-profile corner unit in the tightly-held Manukau Central precinct, providing structured holding income today and defined flexibility at lease expiry.
The property is fully-leased to Beau Ideal Limited trading as Advantage Tyre Solutions. The current lease commenced 1 January 2023 and expires 31 December 2027, with two-yearly fixed rental increases of 5%, supporting rental growth during the remaining term.
The 2027 lease expiry presents a clear opportunity for future owner-occupiers seeking a strategic base in Manukau, or add-value investors looking to reposition and reset rental levels.
Positioned along Cavendish Drive with excellent connectivity to State Highways 1 and 20, Westfield Manukau and surrounding commercial hubs, this is a strategic metropolitan holding offering income security today and control tomorrow.
