Manukau showroom ideal for owner-occupiers
An impeccably refurbished showroom property in fast-growing Manukau is for sale with less than a year left on its lease, providing holding income for an owner-occupier seeking new premises.
Located at 12B Jack Conway Ave, the 639sq m property is strategically located within 1km of Manukau’s urban centre and main transport links.
It is well positioned to benefit from significant investment and development underway in Manukau, which has been earmarked by Panuku Development Auckland as a key area for the city’s growth.
Colliers International has been appointed to market the property by deadline private treaty closing at 4pm on Wednesday, November 20.
It is being marketed by Ryan Gibb, Chris Wakim and Matthew Barnes of Colliers’ South Auckland investment sales team, with colleague Alan Pracy.
Gibb says it is an opportunity for an owner-occupier to position their business in a superb building.
“Maintained to an impeccable standard and having undergone a recent facade refurbishment, 12B Jack Conway Ave is a high quality asset in a tightly held precinct.
“The property comprises a standalone building of tilt slab construction, with roller door access off a common driveway.
“The building’s clear-span, medium stud warehouse of 574sq m has a suspended ceiling. It also features a 45sq m front office and reception area and 21sq m of amenities.
“The site offers ample car parking, with 25 spaces to the front and side of the building. There is also excellent access to public transport, with Manukau’s bus and train stations located within 1km.
“The property is strategically positioned to be accessible to all Manukau has to offer, including the Westfield shopping centre only 500m away. Furthermore, the property is located just of Cavendish Dr which provides easy access to State Highway 1.”
The property is on a lease expiring on October 4, 2020, returning $162,843 plus GST in net annual holding income.
The freehold site is zoned General Business, which provides for business activities from light industrial to limited office, large format retail and trade suppliers.