Available PropertyFiles:

/CT and LIM/
- CT - Porana Road 75.pdf
- LIM - 7-75 Porana Road Hillcrest.pdf
/Council Property Files/
- Property Files.zip
/Lease/
- Deed of Assignment (2024).pdf
- Deed of Lease (2021).pdf
- Deed of Renewal and Rent Review (2025).pdf

Property Description

• Prominent affordable retail investment on a renewed three-year lease
• Established Chinese restaurant returning $71,000pa + GST (net)
• Benefitting from two yearly market rent reviews plus lease guarantees
• Situated in a popular retail centre with established businesses, dual access and ample on-site parking

Offered to the market is a passive hands-off retail investment in a high-profile retail complex. Occupied by Deruyi Chinese Restaurant on a renewed three-year lease commencing April 2025, the unit benefits from a long-standing history of being utilised as a restaurant and is fully fitted with a commercial kitchen.

Well-located just off the busy intersection of Porana Road and Sunnybrae Road, this complex was redeveloped in 2005 and is home to a diverse mix of retail and hospitality tenants including PB Tech, Crackerjack, and a new Chinese supermarket. The centre benefits from excellent exposure, dual access, and circa 170 shared onsite car parks.

This is an affordable, low-maintenance investment opportunity with a renewed secure lease in place - an offering not to be missed.

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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 Matt Lee

Matt Lee

Senior Broker, Asian Markets

09 375 8424 021 1515 505 matt.lee@bayleys.co.nz All Listings

Matt Lee is a Senior Commercial Broker focused on Development, Commercial Sales and Leasing.

Joining the Real Estate Industry with Bayleys in 2013, Matt was quick to exhibit and develop strong Real Estate brokerage knowledge and skills, as a key part of Bayleys highly successful International Sales Team working closely with James Chan, Bayleys first salesperson to achieve $1 billion in transactions. Specialising in the Commercial sector, Matt was involved in a significant level of Standalone and Unit Title sales and leases all throughout the Auckland region, and in 2020 was promoted to the position of Senior Broker.

From 2021 to 2022, Matt focused on the Development and Project Marketing sector, heading up the Project Marketing Division for a global real estate brand, marketing and selling projects with a combined market value of over $500 million across New Zealand, from development sites, terrace housing, apartments through to sections, and leading a team of 15 specialised project marketing agents.

Returning home to Bayleys in August 2022, has developed a strong understanding of both the local and global markets. Together with Bayleys and their market-leading resources, Matt has his finger on the pulse of real estate property trends and developments, ensuring opportunities are maximised and clients’ assets and expectations are surpassed. A product of the highly regarded University of Auckland, Matt graduated with a conjoint Bachelor of Property and Bachelor of Commerce (with a double major in Marketing and Management) degree. Influenced by his Chinese heritage, Matt values integrity, respect, dedication, hard work and diligence, and he has that willingness to go that extra mile to ensure successful results for his clients.

Contact Steven Liu