522 East Coast Road Up the Bays – tenanted investment with options

Available PropertyFiles:

  • /A. Record of Title and Instruments /
    • 551111_Inst.pdf
    • 600113_Inst.pdf
    • 600114_Inst.pdf
    • 600299_Inst.pdf
    • 609025_Inst.pdf
    • A206657_Inst.pdf
    • East Coast Road 522_NA45A-170.pdf
  • /B. LIM Report/
    • East Coast Road 522_LIM Report_27_09_2023.pdf
  • /C. Lease Documentation/
    • 12340976329 2023-2024 rates assessment-invoice.pdf
    • Rent review notice.pdf
    • SWL - Lease.pdf
  • /D. Information Memorandum/
    • East Coast Road 522_Information Memorandum_September 2023.pdf
  • /F. Bulk and Location and Plans/
    • BL01.pdf
    • BL02.pdf
    • Elevations.PDF
    • electrical.PDF
    • floor.PDF
    • roof.PDF
    • site.PDF
  • /G. Reports/
    • 13059 - 522 East Coast Rd Rd ISA Earthquake Report.pdf

Property Description

• Freehold site in a sought-after location with excellent exposure
• Same tenant in occupation for 54 years
• Final lease expiry in three years opens a range of development and occupation opportunities

This strategic commercial property promises reliable returns and unlimited future potential.

Easily accessed via a controlled intersection on East Coast Road, the property enjoys maximum visibility and parking. Neighbours include a dairy, medical facilities, KFC, and it is on the doorstep of East Coast Bays Rugby/Cricket Club, and Rangitoto College. With rarely any vacancy, this neighbourhood centre is well frequented by a large and affluent local demographic.

The tenant, Wright’s Outdoor Equipment Centre has occupied the space for 54 years with a current rent of $120,000 per annum. The lease has just over three years to run on a nine-year term with no rights of renewal. Long term, the property is poised to become a strategic redevelopment site that will take advantage of the ridgeline position and sea views from the roof level upwards.

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Terms of Supply

The following information has been supplied to Bayleys Real Estate Limited (“Bayleys”) to be made available to any prospective interested parties for general information purposes only.
Bayleys and the Vendor do not warrant the accuracy or completeness of the information and recommends that all recipients make their own enquiries to their satisfaction in all respects and seek their own independent expert advice.

Contact Michael Nees

Bayleys Real Estate Limited

Licenced under the REAA 2008

+64 9 489 0963   +64 21 182 3085   michael.nees@bayleys.co.nz   All Listings

Michael is a Senior Broker at Bayleys Commercial on the North Shore. Specialising in Investment Sales, Michael has concluded in excess of $200 million of transactions of this nature and has been a top 5 Broker at Bayleys North Shore for the last 3 years.

Recognised as one of the leading Investment Sales Brokers across all agencies on the North Shore, Michael has amassed numerous accolades in his career including membership to a distinguished national group of brokers under the age of 35 to achieve specific key performance indicators.

This blend of experience and results combined with a youthful passion and enthusiasm for his work has produced an impressive track record of record prices/yields and a reputation for being able to conclude some of the most challenging transactions in the market in recent memory.

Michaels philosophy is simple, to add value to his clients transactions by any ethical means necessary. Armed with a Degree in Property Valuation and Management and a determined and tenacious nature this often involves going beyond the “extra mile” to achieve the best outcome for his valued clients.

Michael has a proud North Shore heritage being a Rangitoto College and Massey University alumni and is passionate about the future of the region.


Contact Peta Laery

Commercial North Shore Limited, Bayleys

Licensed under the REA Act 2008

021 277 3039   peta.laery@bayleys.co.nz   All Listings

Backed by over two decades of experience in New Zealand's dynamic commercial and industrial real estate sector, Peta Laery is a true industry expert who is passionate about achieving success for her clients. As the first female salesperson in the busy Bayleys South Auckland office, Peta has consistently ranked amongst the best at Bayleys, concluding more than $300 million in real estate transactions with a refreshing enthusiasm that consistently wins the business.

With a proven track record of success, Peta has held positions at three of the biggest commercial organizations in the region. She brings the benefit of practical experience and a deep understanding of the systems and processes that remove stress and get results, making her a trusted advisor to high-net-worth clients seeking to maximize the value of their commercial and industrial property investments.
As an Associate Director, Peta has exceptional sales and leasing expertise, spanning the spectrum of commercial and industrial property assets, predominantly focused around the Auckland region. She consistently exceeds the expectations of her clients, offering a balanced approach to service while retaining repeat business from those who rely on her knowledge of the market, including legislative, economic, and council developments.

Aside from her professional pedigree, Peta is a relentless team player, widely respected across the industry for her compassionate contribution to gender parity and young mentorship. She is a qualified First Aider, including mental health, and a trained Big Sister Organization, and King’s Trust (ex-Prince’s Trust) mentor. Peta was a finalist in the NZ Property Council's 'Woman in Property' award for 2022. She served for 6 years on the KFF at Kristin School on Auckland’s North Shore. In her spare time, she loves to travel, ski, fish, and any activity in the outdoors.