1 Clark Street, New Lynn, Auckland Royal holding with strategic appeal

Available PropertyFiles:

  • 8302495.1_Easement.pdf
  • Information for buyers.zip
  • Notice of designation.zip

Property Description

Key features;
• Strategic freehold landholding of 2,731sqm (more or less)
• Recently renewed 10-year lease to Burger King expiring 2034
• Favourable redevelopment provision upon 24 months' notice
• Zoned Metropolitan Town Centre (building height of up to 72.5m)

Available for the first time in 30-years, 1 Clark Street is now on the market as one of New Lynn's premier metropolitan-zoned sites. This prime 2,731sqm (more or less) freehold property offers significant development potential with zoning allowing for buildings up to 72.5m high.

A newly renewed 10-year lease to Burger King adds security, with a strong net rental income of $153,500pa plus GST. The lease benefits from a demolition or redevelopment provision, providing developers the flexibility to plan and consent while still generating income.

Directly across the road from New Lynn Train Station due to benefit from the highly anticipated City Rail Link (CRL) scheduled to be operational in 2026. In addition to Lynn Mall, surrounded by national tenants such as Les Mills, New World and Mitre 10 Mega - enhancing strategic appeal.

This is a rare opportunity to secure a high-profile site in one of Auckland's key suburban hubs. Don't miss out!

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


Contact Craig Smith

Northwest Bayleys Real Estate Ltd

Licensed under the REAA 2008

09 953 4740   021 490 580   craig.smith@bayleys.co.nz   All Listings

With over 14 years of agency experience, Craig Smith, has built a remarkable career marked by his unwavering professionalism and a passion for exceeding client expectations. Craig is joining the well established Bayleys NorthWest team as a Director focusing on Industrial & Land opportunities.

Craig's journey in real estate began in 2004 and since then he has consistently demonstrated his knack for closing deals that leave a lasting impact. His enthusiasm for identifying opportunities, marketing properties effectively and skilfully negotiating successful outcomes for his clients results in consistently delivering better than expected outcomes.

Craig's achievements speak for themselves. He has risen through the ranks from broker to associate director to director, and regularly acknowledged with various salesperson accolades. Notably, he's been involved in some of the largest West Auckland transactions, including deals worth $51 million, $60 million and $68 million in the last 18 months.

Outside of work, Craig enjoys spending time with his wife and two young kids, Mollie and Tommy. He's a keen golfer and avid rugby supporter and prioritises physical fitness and mental focus as essential for success.

What excites Craig the most about property is working with a diverse group of stakeholders and helping them to achieve their property goals. His specialty lies in industrial developments (off-the-plan sales), large-scale residential development sales and investment sales in areas like Westgate, Hobsonville, Henderson and Avondale Industrial.


Contact Brendan Graves

Bayleys Real Estate

021 164 7422   brendan.graves@bayleys.co.nz   All Listings

At Bayleys since 2012, Brendan Graves brings over 10 years of commercial property experience, with a specific focus on corporate leasing.

A five year stint overseas, working with and learning from leading international real estate agencies in Toronto and London, has been a huge asset for Brendan as he is able to contribute this global knowledge and acumen to every project for his clients operating mainly in NZ’s principal business hub, Auckland CBD.

Highly regarded amongst Auckland’s key landlords, Brendan focuses his energy on understanding his customers workspace requirements and searching for the very best solution to optimise their business. During his short time at Bayleys he has successfully concluded over 70 transactions and continues to build momentum in the market.

Brendan is also a keen entrepreneur. While in Toronto, working for Ashlar Urban Realty, Brendan co-founded Easyfitness, importing and selling fitness equipment from Taiwan – a successful enterprise that he sold to a private investor in 2012. “This experience in business helped me to understand the demands and financial pressures faced by my clients, which motivates me to work hard and to be as professional as I can to support their progress and success,” Brendan says.

A typical Kiwi, Brendan is an active, outdoors man, snowboarding, mountain biking, running or boxing in his spare time. Two recent life challenges have been completing the Auckland Marathon and becoming a father - which he thoroughly enjoys. Brendan graduated from Massey University in 2006 with a BBS, majoring in Economics.

TESTIMONIALS

“I handle all retail and commercial leasing for our New Zealand, Australian and USA business and I have found Brendan to be one of the best leasing people I have dealt with, when it comes to understanding my needs and putting forward appropriate properties. Brendan has drive, passion and tenacity but he knows how often to contact and has never been over bearing. I would have no hesitation in recommending Brendan to vendors or lessees of commercial property”.
Michael Beagley (Owner, Rodd & Gunn)

“Brendan was incredibly dedicated to finding us the perfect location for our expanded offices. Brendan took the time to understand our needs and screened properties carefully. It wasn't an easy search but his professionalism and persistence resulted in a new office location that perfectly fits our needs. He followed up with excellent advice and assistance negotiating the leasing arrangements. You can't go wrong working with Brendan and I highly recommend him.”
Jeff Robins (Owner, Vesper Marine)