2/66 Cavendish Drive, Manukau, Auckland

The property is now surplus to the vendors’ requirements, with the sale providing an opportunity to reallocate capital.Positioned within a high-exposure three-unit complex on Cavendish Drive, this split-risk investment comprises approximately 416m² of net lettable area across two tenancies, returning a net passing income of approximately $122,902 p.a. + GST & OPEX.Both tenancies benefit from fixed 5% rental increases, providing a degree of income certainty and built-in rental growth. The property is well positioned within an established commercial precinct with strong connectivity to State Highway 1 and State Highway 20, Manukau Station, Manukau Supa Centre, Westfield Manukau and the wider civic and commercial amenities.Zoned Business – Metropolitan Centre, the property benefits from a broad range of permitted commercial and retail uses.The vendor is motivated to achieve a sale and is seeking genuine market engagement. 2/66 Cavendish Drive represents an opportunity to secure an established income-producing asset in a tightly held Manukau location.Contact the sole agents to find out more or arrange a viewing:Will Bason+64 21 0837 9312Ryan Gibb+64 21 826 421 Features: Approximately 416m² net lettable areaTwo established commercial tenantsBusiness – Metropolitan Centre zoningLocated in the heart of Manukau City CentreExcellent access to key amenities, motorway networks and public transport. More information: https://www.colliers.co.nz/p-NZL67042417