- For Sale
For SaleDeadline Private Treaty
Perfectly positioned in the heart of Manukau, one of New Zealand’s fastest growing urban centres, is this excellent, newly constructed investment that must be seriously considered.
8 Lakewood Court, Manukau comprises a podium floor at the gateway to South Auckland’s pre eminent apartment complex. Forming its own commercial precinct, the brand new 15-level, 151 apartment Lakewood Plaza is an architecturally inspired marvel.
The opportunity features three separate unit title properties:
- The Health Club unit is a 922m² facility featuring gymnasium and swimming pool. Returning $359,100 net pa + GST
- The office unit is the 456m² headquarters for one of New Zealand’s leading developers. Returning $183,000 net pa + GST
- The restaurant/café unit is 166m² with a rental underwrite of $77,400 net pa + GST
Lakewood Plaza's location is unsurpassed, sitting proudly on Manukau’s skyline, beside the motorway, and benefiting from huge exposure
Modern, long leases with fixed growth, and separate unit titles: these assets possess all the fundamentals for an excellent passive investment.
Ref #: 217225