- For Sale
For SaleDeadline Private Treaty 19th Aug 2020 4pm (Unless sold prior)
Situated in Manukau’s commercial precinct, 15 Lambie Drive is a significant 7,068m² land holding fronting Lambie Drive, one of the main arterial roads stretching from Puhinui Road through to Wiri Station Road. The area is well serviced with a number of amenities nearby, such as Manukau City Centre and transport hubs. Enjoy easy access to the motorway network with both State Highways 1 and 20 within close proximity.
Currently leased to Vodafone NZ Limited returning $737,767 net per annum with strong fixed rental increases.
The building itself is situated to the centre of the freehold site with the perimeter allowing for plenty of car parking and manoeuvring areas. The property comprises a well presented modern two-storey commercial building comprising 2,511 m² of NLA that Vodafone NZ Ltd has made significant capital investments into.
Passive and add value investors will be attracted to the extremely strong tenant covenant whilst recognising the future potential of the large strategic landholding in the heart of Manukau.
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