14 Holmes Road, Manurewa Freehold industrial offering split-risk income

Available PropertyFiles:

  • Due Diligence Folder.zip
  • Holmes Road 14_IM.pdf

Property Description

Key features:
• Fully refurbished 933.37sqm (approximately) industrial asset on a rare 1,819sqm (more or less) freehold corner site
• Split-risk income across three (3) units, leased to two (2) separate tenants, returning net $207,618.13pa plus GST
• Low-capex profile with future redevelopment potential

This substantial freehold industrial holding presents an opportunity to acquire a fully refurbished asset, offering strong income and risk diversification. The property comprises 933.37sqm (approximately) of floor area on a generous 1,819sqm (more or less) corner site and is currently configured as three (3) separate units, leased to two (2) tenants and providing split-risk income of net $207,618.13pa plus GST.

The building has undergone a comprehensive refurbishment, priding a low-capex profile for the incoming owner. Recent improvements include full reroof, all new roller doors, new electrical and plumbing, sealed yard, fencing, modern kitchenettes, LED lighting throughout and new joinery to the middle unit. With a 70% NBS earthquake rating, Light Industry zoning, excellent site coverage, and underlying redevelopment potential, this property offers both immediate income security and longer-term flexibility for investors and owner-occupiers alike.

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Contact Tony Chaudhary

Bayleys Real Estate Limited, Manukau

Licensed under the REA Act 2008

021995121   tony.chaudhary@bayleys.co.nz   All Listings

Tony Chaudhary’s proven strategies for attaining outstanding results for his commercial property clients have seen him rise through the ranks of Bayleys since joining the group 15 years ago. Tony has ranked amongst the company’s Top 5% of agents nationwide every year since joining Bayleys and he was awarded the esteemed title of No 1 Commercial Agent, New Zealand in 2020/2021.

Specialising in the South/East Auckland commercial property sales market, Tony’s expertise is also regularly called upon by his clients throughout the Auckland market as they recognise the value he can add to the real estate table.

Regularly dealing with individual property owners, corporate clients, high-profile national retail groups, and key international property clients, Tony’s business has grown exponentially on the back of repeat and referral business, record sales prices, a changing market, and clever solutions to his clients’ property challenges.

Tony Chaudhary and his team efficiently services a growing national and international client base which values their diligent work, intelligent marketing strategies and proven negotiation skills that Tony has consolidated. Tony and the team invest significant time and energy to ensure that every avenue is pursued to find the right buyer for each property he is entrusted to market.

Deeply established in the Auckland commercial property market, Tony and his team, together with the reputable Bayleys brand, delivers exceptional real estate service to discerning property owners keen to realise true market value in the competitive marketplace.