9 Astley Avenue Big add value
TweetAvailable PropertyFiles:
- /A. CT and Easements/
- Astley Avenue 9_NA8A_404_Title_13.06.2024.pdf
- /B. LIM Report/
- Astley Avenue 9_LIM Report.pdf
- /C. Auckland Council files/
- Astly Avenue 9_Auckland Council Property Files (zipped).zip
- /D. 1 Property Information/
- Astley Avenue 9_ Information Memorandum March 2024.pdf
- /D. 2 Property Information/
- Astley Avenue 9_BWOF and Reports.pdf
- /D. 3 Property Information/
- Astley Avenue 9_ignite B&L.pdf
- /D. 4 Property Information /
- Asley Avenue 9_Site Plan Astley.pdf
- /D. 5 Property Information /
- 9 Astley_New Lynn Precinct.pdf
- /D. 6 Property Information /
- IEP Aug2013.pdf
- /E. 1 Rental Certificate/
- 9 Astley Avenue, New Lynn 9570J Rental Certificate.pdf
- /E. 2 Deed of Renewal/
- Astley Avenue 9_10077803v1 Signed Deed of Renewal Jacanna 19 Mar 2024.pdf
- /E. 3 Deed of Lease/
- Astley Avenue 9_Jacanna Deed of Lease 10 Nov 2020.pdf
- /E. 4 Contract Rental/
- Astley Avenue 9_ CONTARCT RENTAL.pdf
Property Description
Unveil the extraordinary potential inherent in this expansive land and building holding located within the heart of New Lynn, a city fringe Auckland suburb which has enjoyed substantial growth over the last decade.With an annual net income of $705,500 until the final lease expiry in January 2027, this property epitomizes income stability with a variety of future redevelopment options with time to plan. Whether that be re-leasing as is, splitting the existing building to diversify income, or planning a transformative mixed-use or residential redevelopment - the options are varied.
Enhanced by zoning overlays permitting an extended height limit of 72.5m, this site presents a rare opportunity for visionary development in this location. With its proximity to the New Lynn rail station and the established commercial centre, accessibility and connectivity are assured. Amidst recent infrastructure enhancements, and the development of the adjoining residential precinct including Auckland Councils' new park, the prospects for this property are exciting.
• 4,206sqm (approximately) floor area
• 8,094sqm (more or less) land area
• Business - Metropolitan Centre
• Final lease expiry - 31 January 2027
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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 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.