11/15 Karepiro Drive, Stanmore Bay Secure, split-risk investment in the heart of Whangaparaoa
TweetAvailable PropertyFiles:
- Karepiro Drive 15 Unit 11_Information Memorandum.pdf
- LIM - 11,15 Karepiro.pdf
- Signed Deed of Lease dated 18 Sept 2024.pdf
- Signed Renewal 2023.pdf
- Title 2024.pdf
Property Description
Key features• Dual tenancies returning $75,600pa + GST and outgoings
• Prime exposure to a main road in a busy suburban complex
• Versatile 275sqm + 40sqm (more or less) outdoor courtyard
This split-risk investment presents an exceptional opportunity for investors, with two tenancies currently returning $75,600pa + GST and outgoings.
The property is situated in a high-profile location within a busy complex, offering strong exposure to a main road, ensuring consistent visibility for tenants and a stable rental income stream for investors. Located in Auckland’s thriving Hibiscus Coast, one of the region’s largest suburbs, the property spans approximately 275sqm (more or less), with an additional 40sqm (more or less) outdoor courtyard, providing flexible space for tenants to utilise.
The complex is supported by ample customer parking and easy access, contributing to the long-term appeal for existing and future tenants. With its strategic location and robust tenancies, this is an ideal acquisition for investors looking to secure a solid, long-term income in a rapidly growing and desirable suburban area.
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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.