Property listing ID: 4120972
Barfoot & Thompson Commercial are pleased to exclusively present 881 Manukau Road. KEY FEATURES: • 367m² freehold landholding • 144m² building comprising two separate retail tenancies • Current rental income of $40,223 + GST per annum • Huge opportunity to increase rent • Neighbourhood Centre zoning • 13-metre height limit, providing future development potential • 67% IEP seismic rating • Excellent underlying construction materials • Strong rental upside with diversified income from two tenants • Excellent Manukau Road frontage and exposure • Separate power and water meters for each tenancy This tightly held freehold Neighbourhood Centre zoned property offers an attractive combination of land, income, and future development potential. The 367m² site currently accommodates approximately 144m² of net lettable retail space, configured as two independent tenancies. Royal Thai Massage occupies the left-hand tenancy, while The Rolling Pin Dumpling operates from the right. With its established income, dual-tenancy configuration, prominent road frontage, and significant rental upside, 881 Manukau Road presents an opportunity for a long-term investor, developer, or owner-occupier seeking a property with strong underlying fundamentals. For further information or to arrange an inspection, please contact the listing agent.
Listed by Barfoot & Thompson , Nick Wilson (City Commercial)