1/40 Cavendish Drive, Manukau, Auckland

The vendors instructions are clear, this is to be sold. Add-value projects of this nature are few and far between.Positioned in the heart of Manukau’s thriving commercial precinct, 1/40 Cavendish Drive presents an outstanding opportunity to secure a high-profile investment leased to nationally recognised retailer 99 Bikes. Occupying an unmatched position on one of South Auckland’s busiest commercial arterials, the property benefits from exceptional exposure, strong surrounding commercial activity, and excellent connectivity to State Highways 1 and 20. The modern 420sqm (approximately) unit is underpinned by a gross income of $147,284.90 + GST per annum, with future rental growth potential. Zoned Business - Metropolitan Centre Zone, the property also enjoys the benefit of one of Auckland’s most flexible and sought-after commercial zoning classifications, supporting long-term value and investment appeal.Instructions are clear, this is to be sold.Contact the Exclusive Agents, Colliers New ZealandRyan Gibb021 826 421Adam White021 046 8249 Features: High-profile Cavendish Drive positionOn site for close to 20 yearsClose to SH1, SH20 & Manukau City CentreZoned Business - Metropolitan CentreReturning a gross income of $147,284.90 + GST per annum with upcoming rental increase 10 accessory unit carparksRemediation building work is required, please reach out for additional information More information: https://www.colliers.co.nz/p-NZL67042382