47 - 55 Jervois Road, Herne Bay Auckland Portfolio Divestment

Available PropertyFiles:

  • /A. Record of Title and Interests/
    • Interest_10609598_1.pdf
    • Interest_13030763_3.pdf
    • Jervois Road 47-55_title_NA52A_883.pdf
  • /B. Lease Documents/
    • Deed of lease_KL Bangia.pdf
  • /C. LIM Report/
    • Jervois Road 47-55 Unit 8_LIM Report.pdf
  • /D. Auckland Council Files/
    • Auckland Council Files 47-55 Jervois Road.zip
  • /E. Information Memorandum/
    • Jervois Road 47-55 Unit 8_Information Memorandum.pdf

Property Description

• The ultimate hands-off Herne Bay investment property
• Fully leased to established tenant, returning $165,916.55pa + GST
• Tightly held location in Auckland’s highest value residential suburb
• Affordable trophy investment

They don’t come more passive than this, especially in this tightly held and sought-after location. Already well established and proven in this location, the tenant has just been renewed for a brand-new five (5)-year term. The property sits proudly on Jervois Road, the main thoroughfare linking Auckland’s most prestigious residential suburbs to Auckland CBD. Returning $165,916.55pa + GST with guaranteed fixed growth throughout the lease, this property is truly a set and forget investment that will provide steady and growing returns for years to come. A rare opportunity to purchase an affordable asset in a multi-million dollar location. Call now for further information. Due to a change in the vendor's circumstances, this property forms one of four portfolio properties to be sold individually, together or in any combination offered for sale by tender (unless sold prior).

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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 Damien Bullick

Bayleys Real Estate Limited

Bayleys Auckland Central

022 420 6845   damien.bullick@bayleys.co.nz   All Listings

Damien Bullick has been working in commercial real estate for ten years. He is a Commercial Sales agent with Bayleys Real Estate Limited and has a primary focus on investment and development property in Auckland Metropolitan area.

Damien’s passion for people and property has enabled him to achieve fantastic results for his vendors. Having previously held a position as a Commercial Marketing Manager for Bayleys Realty Group, Damien specialises in the on-market promotion of city fringe commercial and development property by Tender and Auction. Damien is consistently ranked in the top 10% of Bayleys Nationwide Commercial agents.

Damien has also worked in London for Christies International Real Estate, with a focus on the marketing of property around Europe. Damien has a Bachelor of Management Studies from the University of Waikato, majoring in Finance and Strategic Management.