154 Apirana Avenue, Glen Innes, Auckland New five-year lease to Animates

Available PropertyFiles:

  • Auckland Council Property Files.zip
  • DOL - Apirana Ave, 154.pdf
  • ISA (50% NBS) - Apirana Ave, 154.pdf
  • LIM - Apirana Ave, 154.pdf
  • PIM - Apirana Avenue, 154.pdf
  • ROR - Apirana Ave, 154.pdf
  • Tender COS - Apirana Ave, 154.pdf

Property Description

Key fetaures:
• Immaculately presented investment property in a tightly held retail precinct
• Fully leased with a strong tenant covenant on a renewed five-year lease term
• Returning $210,000pa + GST with fixed annual rental increases
• High-profile position surrounded by large national and international tenants
• A trophy asset that will appeal to passive investors and strategic land bankers

A rare opportunity to acquire an asset of this quality and scale in a tightly held city fringe location. The property is fully leased to established and proven tenant Animates, a pet supplies retailer with over 60 stores throughout New Zealand, who after 10 years of occupation, have shown their commitment to the location by renewing a five-year term from April 2025.

Situated in a high-profile position in the heart of Apirana Avenue, the property is surrounded by other established national and international retailers including PAK'nSAVE, Harvey Norman and Chemist Warehouse. Consideration should also be given to the long-term development potential of the 1,196sqm underlying freehold land, which benefits from intensive zoning allowing for development up to 32.5m.

Whether as a bottom drawer trophy asset or long-term land bank, 154 Apirana demands further consideration. Don't miss this opportunity - call now.

Please fill in the form below and we'll email you a link to download the PropertyFiles, instantly.


Contact Tony Chaudhary

Bayleys Real Estate Limited, Manukau

Licensed under the REA Act 2008

021995121   tony.chaudhary@bayleys.co.nz   All Listings

Tony Chaudhary’s proven strategies for attaining outstanding results for his commercial property clients have seen him rise through the ranks of Bayleys since joining the group 15 years ago. Tony has ranked amongst the company’s Top 5% of agents nationwide every year since joining Bayleys and he was awarded the esteemed title of No 1 Commercial Agent, New Zealand in 2020/2021.

Specialising in the South/East Auckland commercial property sales market, Tony’s expertise is also regularly called upon by his clients throughout the Auckland market as they recognise the value he can add to the real estate table.

Regularly dealing with individual property owners, corporate clients, high-profile national retail groups, and key international property clients, Tony’s business has grown exponentially on the back of repeat and referral business, record sales prices, a changing market, and clever solutions to his clients’ property challenges.

It is no surprise due to the continuing growth of the business that Tony is now supported by Janak Darji, Gaurav Minhas and Manu Pundir who each bring their own wealth of knowledge and expertise to the team. Tony’s proficiency in Hindi, Punjabi, and English, plus an understanding of Gujarati, allow him to gain people’s confidence and give him the edge in negotiations. Janak also speaks Gujarati and Gaurav also speaks Punjabi, Hindi and Fiji-Hindi.

Tony Chaudhary and his team efficiently services a growing national and international client base which values their diligent work, intelligent marketing strategies and proven negotiation skills that Tony has consolidated. Tony and the team invest significant time and energy to ensure that every avenue is pursued to find the right buyer for each property he is entrusted to market.

Deeply established in the Auckland commercial property market, Tony and his team, together with the reputable Bayleys brand, delivers exceptional real estate service to discerning property owners keen to realise true market value in the competitive marketplace.