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Manukau Central

2/53 Cavendish Drive, Manukau Central, Manukau

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400sqm Floor area

Strategic Manukau corner with future control


Key features:
• Lease expiry 31 December 2027 with two-yearly fixed rental increases of 5%
• Prominent corner position with strong exposure
• Owner-occupiers, passive investors or add-value investor potential

This is an opportunity to secure a high-profile corner unit in the tightly-held Manukau Central precinct, providing structured holding income today and defined flexibility at lease expiry.

The property is fully-leased to Beau Ideal Limited trading as Advantage Tyre Solutions. The current lease commenced 1 January 2023 and expires 31 December 2027, with two-yearly fixed rental increases of 5%, supporting rental growth during the remaining term.

The 2027 lease expiry presents a clear opportunity for future owner-occupiers seeking a strategic base in Manukau, or add-value investors looking to reposition and reset rental levels.

Positioned along Cavendish Drive with excellent connectivity to State Highways 1 and 20, Westfield Manukau and surrounding commercial hubs, this is a strategic metropolitan holding offering income security today and control tomorrow.

For Sale by Deadline Private Treaty
(unless sold prior)

2 Harris Road, East Tamaki, Auckland

22
Apr

Time2pm
Calander
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Tony Chaudhary

Tony Chaudhary

Commercial and Investment Sales

Bayleys Real Estate Ltd, South Auckland,
Licensed under the REA Act 2008
Harjot Sodhi

Harjot Sodhi

Commercial, Investment and Development Sales

Bayleys Real Estate Ltd, South Auckland,
Licensed under the REA Act 2008

Features

Lease term


Lease expiry 31 December 2027 with two-yearly fixed rental increases of 5%

Exposure


Prominent corner position with strong exposure

Opportunity


Owner-occupiers, passive investors or add-value investor potential

Location


Positioned along Cavendish Drive with excellent connectivity to Westfield Manukau and State Highways 1 and 20

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