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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