1179 Great North Road, Pt Chevalier Prime freehold corner site

Available PropertyFiles:

  • /Floor Plans/
    • Floor plans.zip
  • /LIM Report/
    • LIM Report.pdf
  • /Lease Documents/
    • Deed of Leases.zip
  • /PropertyFiles/
    • PropertyFiles.zip
  • /Record of Titles/
    • Principal Unit 1 Deposited Plan 556365.pdf
    • Principal Unit 2 Deposited Plan 556365.pdf
    • Principal Unit 3 Deposited Plan 556365.pdf
    • Principal Unit 4 Deposited Plan 556365.pdf
    • Principal Unit 5 Deposited Plan 556365.pdf
    • Principal Unit 6 Deposited Plan 556365.pdf
    • Principal Unit 7 Deposited Plan 556365 AU 1S, 2.pdf

Property Description

• Fully-leased, passive, 'hands-off' investment, prime-positioned on a busy corner site
• Standalone two-level building with a total floor area of 1,068sqm (approximately)
• Returning an annual net rental of $539,254 + GST from six established tenancies, with an average WALT of seven years
• Popular surrounding businesses include Woolworths, KFC, and McDonald's and New World (under construction)
• Joint Sole Agency

A unique opportunity to acquire a well-located, modern, split-risk commercial investment. Built in 2020, this freehold property is situated on a land site of 589sqm (approximately) and is split into individual titles - offering the option for the incoming owner to keep as is, or amalgamate back to a single title. Benefiting from multiple income streams, the property comprises a mix of experienced operators (medical, health, and hospitality) all with an established trading record.

The Point Chevalier town centre, along busy Great North Road, comprises a range of retail, hospitality and residential, anchored by major amenities and businesses such as Woolworths, KFC, McDonald's, Mobil, Point Chevalier Library plus New World supermarket - under construction and due to open in late 2025.

Rarely does a prominent passive investment such as this come onto the market.

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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.

It is no surprise due to the continuing growth of the business that Tony is now supported by Janak Darji, Gaurav Minhas and Manu Pundir who each bring their own wealth of knowledge and expertise to the team. Tony’s proficiency in Hindi, Punjabi, and English, plus an understanding of Gujarati, allow him to gain people’s confidence and give him the edge in negotiations. Janak also speaks Gujarati and Gaurav also speaks Punjabi, Hindi and Fiji-Hindi.

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.