Charlie Oscroft

Colliers International are excited to present this rare opportunity to secure a fully tenanted investment within Ellerslie’s tightly held township. The fully leased building returns $126,493 plus GST per annum, which comprises of four split street facing office/retail tenancies with an additional tenancy accessed down the right-of-way at the rear of the site.

This premier offering  is situated just a mere eight kilometres from Auckland’s CBD, with the location offering a well-established, pleasantly landscaped environment with an abundance of amenity and fantastic accessibility. The property is strategically located within Ellerslie Village providing unparalleled public transport access with Ellerslie Train/Bus Station a brisk one minute walk away and direct access to State Highway One linking the surrounding suburbs of Greenlane, Remuera & Mount Wellington at your doorstep.

129 Main Highway Ellerslie is being sold by way of Auction at 11am, Tuesday 1st December 2020 (unless sold prior) to be held at the office of Colliers International, Level 27, 151 Queen Street, Auckland Central.

Property viewings are strictly by appointment only, call the sole agents below to arrange a site inspection.

Feast your eyes on arguably Auckland's finest office offering currently on the market. 7 Pacific Rise presents an outstanding add-value opportunity with its long-time owner-occupier, BMW Group moving on after 31 years, creating a blank canvas opportunity. With significant profile and exposure to one of New Zealand’s busiest stretches of road, the showroom, office, location and signage rights will appeal to a large range of both occupiers and investors.

6,595m² of prime land located in Pacific Rise Business Park, this strategic location fronts the Main SH1 Arterial and is adjacent to the motorway onramp. The location presents an abundance of amenities in close proximity with NZ’s largest outdoor shopping centre Sylvia Park being directly opposite. Mount Wellington is an area poised to benefit a growing catchment & significant commercial/residential development currently taking place. The Tamaki Regeneration and $1.2 Billion AMETI (Auckland-Manukau Transport Initiative) projects provide the forefront of this growth which will see over 10,500 new homes built over the next 25 years in the surrounding area & significant investment into the Eastern Arterial Public Transport Road Links.

Offered with vacant possession (or potential to be negotiated with a short-term sale and leaseback) the site presents a multitude of different uses, whether it be for office, distribution, showroom, ecommerce or a combination of all. The vendor will also consider a delayed settlement.  

All enquiries, requests for information and arrangements to undertake inspections in relation to this opportunity are to be directed to the sole agents below. 

Viewing strictly by appointment only!

Situated in Manukau’s commercial precinct, 15 Lambie Drive is a significant 7,068m² land holding fronting Lambie Drive, one of the main arterial roads stretching from Puhinui Road through to Wiri Station Road. The area is well serviced with a number of amenities nearby, such as Manukau City Centre and transport hubs. Enjoy easy access to the motorway network with both State Highways 1 and 20 within close proximity.

Currently leased to Vodafone NZ Limited returning $737,767 net per annum with strong fixed rental increases.

The building itself is situated to the centre of the freehold site with the perimeter allowing for plenty of car parking and manoeuvring areas. The property comprises a well presented modern two-storey commercial building comprising 2,511 m² of NLA  that Vodafone NZ Ltd has made significant capital investments into.

Passive and add value investors will be attracted to the extremely strong tenant covenant  whilst recognising the future potential of the large strategic landholding in the heart of Manukau.