6-8 Inanga Street, Hobsonville, Waitakere City ASX listed tenant – 10 year lease

Available PropertyFiles:

  • /1.0 Record of Titles/
    • Inanga Street 6_957335_Title.pdf
    • Inanga Street 8_957336_Title.pdf
  • /2.0 LIM report/
    • Inanga Street 6_LIM.pdf
  • /3.0 Lease agreement/
    • Inanga Street 6-8_Deed of Lease.pdf
    • Inanga Street 6-8_Estimate Outgoings.pdf
    • Inanga Street 6-8_Lease agreement.pdf
  • /4.0 Floor plans/
    • A151 - SITE PLAN - 1.pdf
    • A301 - ELEVATIONS - 1.pdf
    • A302 - ELEVATIONS - 1.pdf
    • A401 - SECTIONS - WAREHOUSE & OFFICE - 1.pdf
  • /5.0 Information Memorandum/
    • 6-8 Inanga - Information Memorandum_03.2024.pdf
  • /6.0 Auckland Council Property Files/
    • Auckland Council Property Files.zip
  • /7.0 S&P Contract/
    • Inanga Street 6-8_S&P Agreement (APPROVED).pdf

Property Description

Bayleys are pleased to offer to the market for sale this prized industrial investment at 6-8 Inanga Street, Hobsonville.

A brand-new 2,657sqm industrial building, purpose-built for New Zealand’s largest general insurer IAG – Repairhub has all the features of an A-grade industrial asset.

Returning $565,109pa net on a new 10-year lease, the standalone asset sits on a 4,721sqm (more or less) freehold title.

The high stud warehouse is clear span, regular in shape and is accessed via three motorized roller doors with a 10.5-metre stud height at the knee.

The property also benefits from ease of access with two street crossings, low site coverage, a secure yard area and being a complete drive-around facility.

The offices are split over two levels with air conditioning throughout.

Investments of this calibre rarely present themselves to the open market. Be quick to receive an information pack and arrange viewings via the joint sole agents

Key features include;
• Brand new standalone industrial investment
• 10-year lease in place with rental growth
• Extensive tenant fit-out installed
• Returning $565,109.80pa + GST and outgoings
• A+ seismic rating
• High stud warehouse accessed via three roller doors
• Secure yard area as well as a complete drive-around facility
• ASX listed Tenant IAG – Repairhub
• 500 AMP power supplied to the site
• Low site coverage with excellent warehousing-to-office ratios

For sale by Deadline Private Treaty, closing 4pm Thursday the 21st of March 2024 (unless sold prior).

All inspections or site visits are strictly by appointment only

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Contact Matt Mimmack

Bayleys Real Estate Limited

Licenced under REA 2008

+64 21 229 5878   matt.mimmack@bayleys.co.nz   All Listings

With over sixteen years specialising in selling and leasing North Shore Industrial Real Estate, Matt has been the influential catalyst of a number of large transactions in the area and throughout the country.

Appointed Director of Bayleys Commercial North Shore with management experience, Matt has the knowledge and experience to assist you with your commercial requirements. Priding himself on uncompromised standards Matt has an ability to deliver exceptional results for his clients.

After initially training with the Bayleys Property College and being a chosen apprentice for Bayleys North Shore Commercial, Matt became a Bayleys ‘Rookie of the Year’ in his first year in the industry.

This has carried through to being the North Shores top commercial agent for the last 5 years with over 400 million dollars worth of sales concluded to date.

Being an avid sportsman with drive and a will to win, Matt has all the attributes of a successful Agent to achieve the best results for you.

Achievements:
Bayleys Top Achiever Trips 2014 – 2019
Bayleys Top 10% 2015
Bayleys Top 5% 2016 - 20222
Bayleys BRE Top Achiever Trip 2017 & 2023
Bayleys North Shore Commercial Top Agent for 2017 - 2023


Contact Mark Preston

Bayleys Real Estate Limited

Licensed under the REA Act 2008

027 393 9286   027 393 9286   mark.preston@bayleys.co.nz   All Listings

Mark Preston has been an active member of the Central West Auckland Commercial and Industrial team since 2017, based in Bayleys head office in Auckland’s CBD. In 2018, 2019 he was recognised as a High Achiever, ranking in the top 5% of all Bayley’s sales people nationwide. He has also been recognised each year in the under 35’s top achievers.
Mark has completed a large number of transactions in Auckland’s industrial market, focusing predominately on West Auckland where he has become an invaluable resource and trusted advisor to long term repeat clients.
Mark works alongside established industry professionals, including Scott Campbell, Mike Houlker, Sunil Bhana and James Hill, utilising their networks and expertise as and when required. He is committed to delivering outstanding results for his clients, and developing and nurturing lasting relationships.
Mark leverages his ambition and expert knowledge of Auckland’s industrial market to benefit all those involved in property transactions.
He is a natural-born communicator and his diligence, attention to detail and hard-working ethos will fortify a long and successful career in the real estate profession.
Outside of work, Mark enjoys playing golf and credits his four handicap to high levels of focus and meticulous practice.