16-26 Moore Street, Howick Split risk investment with exceptional location

Available PropertyFiles:

  • ISA Report 16-26 Moore Street, Howick 17.3.22 (1).pdf
  • LIM - 20 Moore St, Howick.pdf
  • LIM - 26 Moore St, Howick.pdf
  • Leases.zip
  • Moore Street 16-26_Information Memorandum_2024.pdf
  • Property files - Moore St.zip
  • Rental payments record.xlsx

Property Description

• 1,023sqm (more or less) of freehold high-profile location
• Split risk investment with future development potential
• Six retail tenancies on four titles
• Total return $206,848.19 + GST and outgoings
• Hold or develop

Situated in Moore Street, these four freehold titles are offered for sale. The six shops returning $206,848.19 + GST and outgoings. The tenants include Travel Associates, Greenland Cafe, Loan Market, Fau!kner, Bay Audiology and Domino's.

The property is Town Centre zoned, has a combined building area of 532sqm (approximately) on 1,023sqm (more or less) parcel of land, has a 13 meter height restriction under the Auckland Unitary Plan and a 42 metre prime frontage all of which indicate excellent potential for redevelopment (purchasers must make their own assessment). Or you could hold as the vendor has done and reap the benefits of the income from these excellent tenants.

Often said but opportunities like these are rare and becoming rarer.

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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.