5/151 Lincoln Road, Henderson Sal's Pizza with over eight years to run on lease

Available PropertyFiles:

  • /A. Record of Title/
    • Lincoln Road 151 Unit 5_657217_Title.pdf
  • /B. Lease Documents/
    • Deed of Renewal of Lease 24 Aug 2022.pdf
    • LL Consent NZ Waterworks April 25.jpg
    • SJG-110061-20-203-1 Deed of Sublease Sals Henderson Fang Ma Gourmet Limited.pdf
    • Sals April 2025 RR Letter.pdf
    • Signed Deed of Lease 14 Jul 2014.pdf
  • /C. Body Corporate/
    • Annual General Meeting_Minutes-Lincoln Road - BC 476162.pdf
    • Body Corporate Minutes Oct 2024.pdf

Property Description

• Sal’s Pizza in occupation since developed in 2014 with the premises including exclusive outdoor area and shared parking
• Fixed 3.5% p.a. rent increases with personal guarantees
• Positioned on Lincoln Road, West Auckland’s established fast-food corridor with excellent exposure and shared parking

Positioned with standout corner profile to one of West Auckland’s busiest commercial corridors, Unit 5, 151 Lincoln Road presents the uncomplicated
investment profile buyers consistently chase, modern construction, a proven national-format food operator, and long-term lease fundamentals.

The income profile is straightforward, returning $91,690pa + GST and outgoings and supported by fixed 3.5% annual increases, this investment provides strong income
certainty and a long lease runway through to 30 April 2034. First time to market since the original development, this is a tightly held style of unit
in a sought-after precinct, surrounded by complementary operators and underpinned by consistent drive-by exposure and convenience.

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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.