778 Manukau Road, Royal Oak, Auckland

Royal Oak trophy investment

• Prime high-profile investment with extensive main road exposure and frontage
• Fully leased standalone building generating $387,410pa + GST (net) from six established tenancies over three levels, with secure basement car parking
• 637sqm freehold land with favourable Business - Town Centre zoning
• Strategically located near the Royal Oak roundabout, in the heart of Royal Oak

Offered to the market is a prominent, passive investment occupying a commanding position in the heart of Royal Oak. Constructed circa 2009, this well-maintained building comprises a mix of retail and office use plus basement car parking. Fully leased with a strong track record of occupancy, the property comprises six established tenancies, including four ground-floor retail occupiers, Bayleys Real Estate on level 1, and a long-established medical operator on level 2.

Excellently-positioned near Royal Oak Mall and Cornwall Park/One Tree Hill, the property benefits from public car parking at rear. Furthermore, the property's favourable Business Town Centre zoning supports long term add-value potential while ensuring flexibility for future alternative commercial or residential uses.

A top-drawer, split-risk trophy investment that demands serious consideration.