11/15 Karepiro Drive, Stanmore Bay Secure, split-risk investment in the heart of Whangaparaoa

Available 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

Throughout his distinguished 18-year career with Bayleys, Tony Chaudhary has built an exceptional reputation in New Zealand's commercial property sector. His proven strategies and outstanding results have established him as a leading figure in the South, East & West Auckland markets.

Market Excellence: With deep expertise in investment sales and tenanted retail opportunities, Tony has become a trusted name across Auckland. His comprehensive analysis of market dynamics and keen understanding of yield optimization enable clients to maximize their investment returns. This specialized knowledge, combined with strong connections to property owners, corporate clients, national retail groups, and international investors, frequently unlocks opportunities before they reach the open market. Through years of trusted partnerships and masterful negotiation skills, Tony has achieved numerous record-breaking sales that consistently deliver superior outcomes for his clients.

Strategic Innovation: Several key factors distinguish Tony's approach in the competitive marketplace. His extensive network of investors, business owners, and developers facilitates swift, efficient transactions, Tony identifies and maximizes each property's unique value proposition with sophisticated marketing strategies and deep market insights, making him the trusted advisor for discerning property owners seeking exceptional results.

Backed by the prestigious Bayleys brand, Tony's commitment to excellence and client success continues to set new standards in commercial property services. His strategic guidance and comprehensive market knowledge make him the preferred choice for investors seeking to optimize their property portfolio value in today's dynamic marketplace.