• Fully tenanted investment returning $110,103.00pa + GST and outgoings
• Prime corner site in Manurewa
• Generous shared car parking
A fully tenanted, resilient, split-risk retail investment on a high-profile corner site within a modern 13-unit complex. Underpinned by a strong income stream and quality tenant profile, this is a compelling and attractive investment opportunity for buyers seeking a low-maintenance asset.
The main tenancy is occupied by Amplifon New Zealand, parent company of Bay Audiology. As the largest ACC-funded audiology provider in the country. Amplifon operates in 28 countries and runs over 120 clinics nationwide, providing exceptional covenant strength and the security of a blue-chip tenant. The second tenancy is leased to ASB, offering express banking services within a secured foyer. ASB has occupied the tenancy since the building was constructed in 2011, further reinforcing the property's stable and proven income profile.
Shared car parking supports the premises, and the wider complex has historically enjoyed minimal vacancy. Current neighbouring occupiers include a supermarket, spice shop, laundromat, money services, jewellery, bakery, Toby's Seafood, takeaways, and Western Union. The modern building and established tenant mix create an investment with broad appeal and enduring fundamentals.
Prominently positioned on the corner of Great South Road and Halver Road, the property enjoys significant exposure and is well managed by an established Body Corporate. Manurewa has a strong community spirit with good access to health and education services, as well as vibrant dining, shopping and sports options, including the nearby Auckland Botanic Gardens. South Mall and the Great South Road shopping strip are well connected by both bus and train networks, generating consistently strong pedestrian activity.
The vendor is motivated and realistic, presenting purchasers with a genuine opportunity to secure a modern, income-producing investment anchored by long-standing tenants in a tightly held location.
You can bank on the smart money hearing the call – ring us now to arrange an inspection.
