103 Lansford Crescent, Avondale, Auckland Central Multi-tenanted industrial investment

Available PropertyFiles:

  • /Asbestos Report updated/
    • Asbestos Report updated 23.4.24 - Lansford Cres, 103.pdf
  • /Asbestos Report/
    • Asbestos Report - Lansford Crescent, 103.pdf
  • /Auction agreement/
    • Auction Agreement - Lansford Cres, 103.pdf
  • /Deed of lease (Unit 1)/
    • 202212 Signed Lease Unit 1 103 Lansford Cres SIGNED Deed of Lease.pdf
  • /Deed of lease (Unit 2)/
    • 202212 Signed Lease Unit 2 103 Lansford Cres SIGNED Deed of Lease.pdf
  • /Deed of lease (Unit 3)/
    • 202212 Signed Lease Unit 3 103 Lansford Cres SIGNED Deed of Lease.pdf
  • /IEP Report/
    • IEP - Lansford Cr, Avondale,103.pdf
  • /Information Memorandum/
    • PIM - Lansford Cres, 103.pdf
  • /LIM/
    • LIM - Landsford Cres,103.pdf
  • /Updated Auction Documents/
    • Auction Agreement - Lansford Cres, 103.pdf

Property Description

• Large 1,175sqm (more or less) freehold title with favourable Business - Light Industry zoning
• Three separate tenancies with no Body Corporate procedures
• Returning $94,500pa plus GST and outgoings with built-in rental growth
• Solid industrial precinct within the established Avondale - New Lynn area

After many years of family ownership, this desirable property now offers a rare opportunity to purchase a well-located freehold property with three separate and established tenancies, providing a solid and split risk income stream ensuring its appeal to a range of purchasers.

Located in the established commercial and industrial precinct of Lansford Crescent, the property offers proximity to Wolverton Street a main arterial in this area, and offers ease of access to a wide range of nearby suburbs including Avondale, New Lynn, Blockhouse Bay, and multiple nearby transport systems.

The solid income streams, size, location, and rectangular shape of the site combined with the favourable zoning ensures the appeal to a range of purchasers for this property.

Call the sole agents now to receive full information with all viewings by appointment.

For sale by Auction (unless sold prior) at 11am, Wednesday 24th April 2024.

Mike Adams
021 977 527
mike.adams@bayleys.co.nz

JP Smit
021 021 61616
jean-paul.smit@bayleys.co.nz

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


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 Mike Adams

Bayleys Real Estate

Licensed under the REA act 2008

021 977 527   021 977 527   mike.adams@bayleys.co.nz   All Listings

Mike Adams is a Senior Commercial Broker based in the Bayleys Auckland CBD office, where he specialises in the sales and leasing of a diverse range of commercial, industrial and development properties throughout the Auckland region and beyond, and has become an integral member of the acclaimed Bayley’s Auckland City and Fringe team of agents led by Alan Haydock.

Since joining Bayley’s in late 2005, Mike has enjoyed considerable success in the real estate arena, concluding a significant number of sales and leasing transactions across a wide range of values and has been in the Top 10% of all Bayley’s Salespeople nationwide for 2014/2015/2016.

This diverse range of transactions have included tenanted investment properties, vacant commercial and industrial buildings, large scale residential and commercial development land sites, mortgagee, liquidation and receivership sales. He has also transacted a range of commercial and industrial leases, alongside a further mix of real estate transactions which include residential, waterfront, lifestyle and rural property in a range of locations.

Prior to joining Bayleys Real Estate, Mike spent almost 20 years with Giltrap Group including senior roles as General Manager of Giltrap Prestige and Independent Prestige. Since joining Bayleys he has retained very close links to number of the key people within the automotive industry.

During his real estate career Mike has built up a diverse range of clients including private individuals, corporate business entities, motor industry contacts, family trusts, owner occupiers, trading banks, accountancy and legal firms, community organisations, regional bodies etc.

Mike Adams enjoys interacting with a wide range of real estate property and people on a regular basis, and growing Bayley’s opportunities and activity in the Auckland commercial and industrial property market segment encompassing a range of commercial, industrial, residential and development precincts which include the City Fringe area, West Auckland as well as the Southern and Eastern corridor amongst others. This has resulted in a successful career which has resulted in a number of sales throughout the wider Auckland region and beyond. A selection of some recent results are included on this page, with other examples available upon request.

A significant portion of these successful transactions have been largely attributable to Mikes expertise and dedication in undertaking successful auction and tender campaigns for his vendors, with some outstanding results being achieved. A number of these campaigns have involved Mikes utilisation of Bayley’s renowned marketing disciplines including the nationwide Total Property portfolio, combined with running professional and disciplined sale campaigns for his vendors ensuring that no stone is left unturned in securing the best outcome.