Positioned on one of South Auckland’s busiest arterials, this high-exposure, split-risk trade-retail investment presents a rare chance to secure an entire freehold, road-front complex on Cavendish Drive. Totaling 694m² (approx.) across three separate tenancies with a total land area of 2,085m², the property is fully leased to strong nationwide brands currently returning $172,625 net p.a. and delivering reliable cashflow, long-term security with uplift and growth in future market rent reviews.
The full drive-through layout allows seamless vehicle flow, boosting customer convenience and supporting high trade volumes for each tenant. With excellent on-site parking and massive daily traffic counts, this is a blue-chip retail location that seldom becomes available.
Key Features:
- 694m² (approx.) total floor area across 3 split-risk tenancies
- Fully leased to well-established, nationwide tenants returning $172,625 net p.a
- Uplift and growth in future market rent reviews
- Prime road-front position with outstanding exposure
- Drive-through site with excellent vehicle flow
- Ample on-site customer car parking
- Price by negotiation
- South Pacific Loans: $52,625+GST plus OPEX
- Kitchen Studio: $35,000+GST plus OPEX
- Smith&Smith: $85,000+GST plus opex
Available on request:
- LIM
- Information memorandum
- Certificate of title
- Lease agreements
Manukau features convenient access to both State Highways 1 and 20 and the inland port. This area provides manufacturing, logistics and warehousing companies unbridled distribution access in every direction. This location is within 9 km of the Auckland International Airport, 23 km to the CBD and is immediately surrounded by the sizable Manukau workforce.
For more information or to arrange a viewing, call or email our Industrial specialists and the sole agents today:
Jordan Palmer
0222 888 204 or (09) 253 9330
[email protected]
Myron Simpson
021 105 0196 or (09) 253 9330
[email protected]
For a full range of currently available properties, check out www.jamesgroup.co.nz
