P/2 Kerwyn Avenue, East Tamaki, Manukau

Versatile industrial - invest or occupy

Positioned on sought-after Kerwyn Avenue in the heart of East Tamaki, this well-presented industrial unit provides a rare opportunity for both investors and owner-occupiers to secure a versatile property within one of Auckland's most established industrial precincts.

Comprising a total floor area of 143.5sqm (approximately) with four (4) allocated car parks, the property forms part of a well-maintained complex suitable for a variety of business uses. Purchasers have the flexibility to occupy the premises by settlement, or investors may elect to secure a new two (2) year lease to the long-term tenant Innovative Branding Solutions, who have occupied the property for over ten (10) years. This lease would provide a return net of $30,852.50pa + GST, with additional income from a licence to occupy for extra car parks held by Sachin Graphic & Design NZ Ltd, returning $3,600pa + GST, offering a total potential net return of $34,452.50pa + GST.

Key features

• 143.5sqm (approximately) total floor area
• Four (4) allocated car parks
• Option to occupy by settlement
• Option to secure new two (2) year lease at net $30,852.50pa + GST
• Licence to occupy (Sachin Graphic & Design NZ Ltd) returning $3,600pa + GST
• Total potential net income: $34,452.50pa + GST
• Located within a highly desirable East Tamaki industrial hub
• Road front signage rights included, providing strong visibility and branding opportunities