PROPERTY NOW SOLD!
24 Manukau Road, Epsom is a three level office building located at the northern end of Manukau Road at the Epsom juncture with Newmarket. The mix of long and short term tenants provides astute buyers with the opportunity to anchor an investment with one long term lease whilst being able to add almost immediate value through other tenancies.
The building comprises approximately 1877m2 of office space plus 51 on grade car parks. It is fully leased returning $600,183 + GST + OPEX pa (amount subject to confirmation) from three tenants who each occupy a full office floor.
All of the key investment fundamentals are covered off including an A+ seismic rating, mixed use zoning, attractive location near numerous amenities, transport links and schools, and significant opportunity to increase income return
over a short period of time.
Contact the sole agents today!
Ref #: 20590769
- Contact our experts for details on this transaction.