13-15 Ben Lomond Crescent, Pakuranga Heights, Manukau City, Auckland Split-risk industrial investment

Available PropertyFiles:

  • BWOF.zip
  • Earthquake.zip
  • ISA Letter IEP Report and Summary.zip
  • Information Memorandum.zip
  • Insurance.zip
  • LIM Report.zip
  • Lease Documents.zip
  • Property File.zip
  • Property Reports.zip
  • Record of Title.zip

Property Description

Key features:
• Passive industrial investment in the tightly held Pakuranga industrial precinct
• 4,047sqm of light industrial-zoned land with 2,510sqm of buildings
• Entrenched tenants with a diverse mix of business uses
• Total annual rental income of $357,733 net + GST

This exceptional offering presents a rare opportunity to acquire a substantial 4,047sqm freehold site in Pakuranga’s desirable industrial precinct—a tightly held area where passive, split-risk investments of this calibre seldom come to market.

The property benefits from two established tenants, providing secure, passive income with a combined rental of $357,733 net + GST annually. Signature Rugs Limited occupies 13 Ben Lomond Crescent with a recently renewed four-year lease, while Howick Gymnastics Club Limited occupies 15 Ben Lomond Crescent and has renewed for a further four-year term beginning 1 February 2025.

Both tenants are well-established and committed to the site. The current vendor has completed capital upgrades, including new roofing on both buildings, ensuring structural integrity. The large rear yard and ample parking offer opportunities for enhanced amenities or future development, adding long-term value to this investment.

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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.