Available PropertyFiles:

  • 2024 FINANCIALS 528706.pdf
  • 528706 MinAGM 220713 FINAL.pdf
  • 528706 MinAGM 230713 FINAL ht.pdf
  • 528706 MinAGM 240712 FINAL.pdf
  • CPF Commercial Bundled Inv and Cover Summ 4155341-009.pdf
  • CPFCommercialBundledInvandCoverSumm4155341-011.pdf
  • CPI Increase 1 Sept 2024 Mt Wellington Signed.pdf
  • Deed of Assingment of Lease - Mt Wellington (31.06.2020).pdf
  • Financials 528706 31.03.22 pl.pdf
  • Financials 528706 31.03.23 pl.pdf
  • LIM - Ellerslie-Panmure Hwy, 517, Unit 5.pdf
  • Lease Doc Only Version Mt Wellington.pdf
  • Long-Term Maintenance Plan - 517 Ellerslie Panmure Highway.pdf
  • Record of Title - Ellerslie-Panmure Hwy, 517, Unit 5.pdf
  • SPA - Ellerslie-Panmure Hwy, 517, Unit 5.pdf

Property Description

• A strategic and solid investment opportunity in a well-established East Auckland
location experiencing high growth and close to multiple amenities
• Currently returning $326,600pa + OPEX + GST from a well-respected and
established childcare tenancy occupying the entire upper-level
• A high-profile and modern commercial development on a main arterial route

Offering an initial 12-year lease term from September 2019 with built-in rental growth, solid lease covenants and rights of renewal, this property provides astute
investors with a rare opportunity to secure a commercial property that provides a range of positive investment attributes.

Situated within a modern, purpose-built facility in this quality development, offering proximity to a range of high-profile businesses, various transport systems including the nearby Panmure Train Station and multiple residential, commercial and retail precincts, including Silva Park.

Offering a lettable area of 1,088sqm (approximately) and underpinned by a well-structured lease to the Montessori-inspired childcare tenant with a license for 100 children, this is an investment not to be missed. Please contact the sole agents to receive further information, with all viewings strictly by appointment.

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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.

Contact Quinn Ngo

Bayleys Real Estate Ltd

Bayleys is New Zealand’s largest full-service real estate company.

09 375 7439   021 888 378   quinn.ngo@bayleys.co.nz   All Listings

Having joined Bayleys in Spring 2004 after a successful eight years in Residential Sales, Quinn has developed excellent brokerage experience and skills. Through the eight years of sales, he has built up a strong Asian client database and extensive network in the Asian community.
Quinn has been with Bayleys over eight years, he has involved in numerous campaigns and projects such as the recent successful auction of Lincoln North Shopping Centre and Westgate Shopping Centre; he is also specialized on Retail investment such as Dominion Road and Auckland CBD, which he consistently achieving satisfactory results for vendors. His strength is being able to provide excellent and consistent services to clients.
Quinn is proficient in numerous languages namely, English, Mandarin and Cantonese. Having completed the Bachelor of Science in the University of Auckland, Quinn has developed meticulous analytical skills.