Gawan Bakshi

This is your opportunity to secure an enviable, Mixed-Use zoned investment property with long-term development potential in fast-growing Onehunga. Anchored by well-established tenants Site Safe and Dollar King, the cashflow of $521,946 net p.a. + GST (approx) provides a steady income with built in growth throughout the remaining term. A professional property manager for the overseas vendor has kept the asset in good condition for more than 25 years. Now is the time for you to unlock additional value and capitalise on the excellent groundwork that has been laid.

The building comprises both office accommodation fronting Beachcroft Avenue with adjoining industrial warehouse to the rear. The office accommodation includes a front foyer providing access to a stairwell and lift with light partitioning and open plan areas throughout. Multiple kitchens provide good amenity to each tenancy.

The warehouse comprises a non-sprinklered medium stud industrial space. The building has a number of full height roller doors located around the periphery of the building and adequate loading areas to the side and rear of the property.

The property is located on Beachcroft Avenue which runs adjacent to Church and Princes Streets, main arterials of Onehunga. Auckland’s CBD is located approximately 11.5km to the north and Auckland’s International Airport is roughly 12km from this location. 

Situated in Manukau’s premium mixed-use precinct, 12 Lakewood Court is a significant 5,682 m² land holding with substantial profile.

Currently leased to two operators, Rayland Motel and Valentines Restaurant, the property returns $732,000 net per annum. The leases includes strong fixed growth, guaranteeing upside on investment. 

The buildings are modern with an A - Grade NBS rating, they are built on the perimeter of the freehold site with dual access and ample car parking. The motel is a well-maintained two-storey accommodation facility.

The area is well serviced with several amenities nearby, such as the Auckland Airport, Manukau City Centre, Westfield Mall, two brand new MIT Campuses and transport hubs. Enjoy easy access to Auckland’s motorway network with both State Highway and 20 within close proximity.

Passive Investors, strategic land holders and developers will be attracted to the extremely strong tenant covenant. They will also recognise the future potential of the approved resource consent plans for a multi-level facility on the large strategic landholding in the heart of Manukau.

Call the Sole Agents Gawan, Ryan and Matt for further information. 

57 Upper Queen Street offers the rare opportunity of an entry level mixed use residential property on a freehold site in the future growth area on cusp of Auckland CBD and Eden Terrace. 

The site comprises a character villa built in the 1920s along with an outdoor living area at the rear of the site. The circa 160sqm villa boasts five rooms on level one, along with two further rooms in the basement area and is solidly constructed from brick with corrugated iron roofing. 

Mixed-use zoning and vacant possession will gain the attention of owner-occupiers, developers, and add-value investors alike. The property has one car park and can be split into two separate tenancies, separated between the two levels.

Do not miss your opportunity get your hands on a strategic holding, close to the Auckland CBD, motorways and a stone throw away from the future Karangahape Train Station. 

Contact sole agents Gawan Bakshi (021 31 31 48) or Hamish Paterson (021 100 7259 ) of Colliers International today. 

57 Upper Queen Street offers the rare opportunity of an entry level mixed use commercial property on a freehold site in the future growth area on cusp of Auckland CBD and Eden Terrace. 

The site comprises a character villa built in the 1920s along with an outdoor living area at the rear of the site. The circa 160sqm villa boasts five rooms on level one, along with two further rooms in the basement area and is solidly constructed from brick with corrugated iron roofing. 

Mixed-use zoning and vacant possession will gain the attention of owner-occupiers, developers, and add-value investors alike. The property has one car park and can be split into two separate tenancies, separated between the two levels.

Do not miss your opportunity get your hands on a strategic holding, close to the CBD, motorways and a stone throw away from the future Karangahape Train Station. 

Contact sole agents Gawan Bakshi (021 31 31 48) or Hamish Paterson (021 100 7259 ) of Colliers International today. 

1085 New North Road presents an entry level add-value investment.
 

The property consists of four tenancies with a mix of commercial and residential. The three storey building has been meticulously maintained and offers a chance for investors to re-tenant or re-position the asset. Owner occupiers will be attracted to the prospect of an income generating home and/or office. There is holding income in place from the residential tenancy. 

With four tenancies, four car parks and a high profile position facing New North Road, this opportunity is likely to please those looking for an affordable add-value investment in a high growth area. 

Get in touch with Colliers International sole agent’s today.

This 80sqm unit on Pakuranga Road is part of a busy retail complex in Highland Park that has great exposure to foot and passing vehicle traffic. Your retail business needs to be here.

Plenty of shared complex parking is available, and with popular neighbours such as Carls Jr and Columbus Coffee, your business will have plenty of passing customers.

Rarely do investments of this nature come available with such a realistic vendor. Unit E, 419 Church Street East, Penrose, offers an outstanding opportunity to purchase a strategically located commercial investment tenanted by a well renowned property company, Southpark Corporation.

Positioned in the popular Penrose industrial area known for its excellent accessibility to wider Auckland only 2 minutes drive to State Highway 1 and just off main arterials Church Street and Great South Road, creating easy access for staff and visitors. 

The first floor North facing unit offers a generous light filled space of 487m2. The modern fit-out includes a functional open plan layout with a welcoming reception area. There are 13 car parks included.

Included in the current lease is a 7% management fee, an additional benefit which purchasers will look at favourably.

If you’re looking for a secure investment in a sought after suburb, all in an affordable price bracket, it’s worth inspecting this rare offering today. 

For further information please contact the sole agents.

Available for lease now is this well-presented unit in the heart of Papatoetoe. 360m² (more or less) warehouse is accessible via a roller door with a tidy small office with amenities. There is also ample car parking situated at the front and rear of the unit. 

Located only 15 minutes South of the CBD, Papatoetoe is one of Auckland's rapid growing locations. Being in close proximity to State Highway 1 and just a few minutes away from Highbrook's business precinct - this is a great location for any tenant. 

Known for its bold presence in the bustling strip of Dominion Road’s ‘Chinatown’, the ‘Zap Thai’ freehold and building, a staple of Auckland’s Asian restaurant scene is up for sale with vacant possession by way of Deadline Private Treaty closing 4pm, Wednesday 10th March 2021 (unless sold prior).

The property consists of three titles, each previously a shop of their own and all since combined into a restaurant and residence. There is a west facing yard that enjoys all day sun. The sites land area totals 510sqm with the Business – Local Centre Zone allowing for a build height of 13m providing potential for future apartment and commercial development. 

Balmoral’s Chinatown precinct is well known for its hugely popular eateries creating a low vacancy area highly demanded by investors. With its 10 minute commute to Auckland’s CBD and large residential catchment, the prospect of growth in the area is high as apartment buildings and development surround the site.  

Add-value investors will see the potential in the three titles, allowing for refurbishment, leasing and the potential to sell them down individually. Developers will see the ability to create holding income whilst strategising the ideal development to capitalise on the tightly held area. Additionally, there is a chance for an owner occupier to acquire a new home and have options to obtain income on the side.

With 1200sqm (more or less) to work with, this space provides opportunity and flexibility for potential tenants. Currently fitted out as a supermarket/fish monger, the property would be well suited to a bulk retail or FMCG business. The building could suit many different business uses. It is worth noting that there is potential to divide the internal fit out of the building with partitions, should potential tenants wish to do so. Additionally, there is ample car parking on site.

This tenancy is well positioned between State Highways 1 & 20, connecting the area to the greater Manukau suburbs. Clendon Park continues to grow, attracting more residential and commercial investment into the area. The site is also just minutes away from the local Clendon Park shopping amenity, which comprises of businesses such as The Warehouse, Pak'n'Save, Mobil and McDonald's.

Hard to find, this now vacant care facility will appeal to those looking to house aged care, rehabilitation centre or a centre for the physically disabled, or similar.  Predominantly single level with a first floor dedicated to staff facilities. Excellent natural light and around 30 rooms of various configurations, plus lounge area, and fully equipped commercial grade kitchen.  

The building is currently under going a refurbishment, and will soon be ready for the next tenant.

Call the sole agents now to view.

Colliers International are proud to exclusively present for sale 168 Omokoroa Road, Bay of Plenty.

The property presents a split risk, fully leased opportunity located in the popular beachside suburb of Omokoroa which is situated between State Highway 2 and Tauranga. The area offers a mix of new and established residential subdivisions 

Commercial properties on this tightly held peninsula are very difficult to find with existing commercial tenants struggling to service a suburb experiencing high population growth.

Prominently positioned on a 2,757m² freehold title, this large commercial site with wide road frontage and ample carparking offers investors the security of five tenants on long-term leases.  The property is surrounded by an array of popular businesses providing high activity in the area. This includes a FreshChoice supermarket, medical centre, pharmacy and dentist. Split into three buildings with a floor area of 622m² the buildings are low maintenance and have future development potential to further enhance the already substantial rental income.

Property to be sold via DPT 4PM, 05 November 2020 (unless sold prior) 

This is a must view opportunity for all investors. These don’t come along often so book an inspection with one of the sole agents today.