Key Features:
• High-yielding industrial investment with diversified income
• Returning $188,542.37 + GST + Outgoings
• Three (3) established tenants providing strong passive cashflow
• Recent business ownership changes have strengthened tenant profile
• 1,272sqm (more or less) building area
• 2,198sqm (approximately) land area
• Vendor demands sale - all interest encouraged
Conveniently located on Grayson Avenue, just off Cavendish Drive, this is a rare opportunity to secure a high-yielding freehold industrial investment in the heart of the tightly held Manukau industrial precinct. Returning net of $188,542.37pa + GST + Outgoings annually from three (3) established tenancies, this property offers investors a strong passive income stream underpinned by occupiers servicing the surrounding commercial and industrial market.
Recent changes in business ownership across parts of the tenancy profile have further strengthened the covenant position of the asset, enhancing the long-term security of the income and providing confidence for investors seeking dependable cashflow in a proven industrial location.
Industrial investments delivering diversified income streams, established occupancy, and attractive holding returns remain highly sought after, particularly within South Auckland’s premier industrial hubs. With clear instructions to sell, purchasers are encouraged to act quickly.
