Unit 1/160 Wairau Road, Wairau Valley Iconic buffet restaurant investment opportunity

Available PropertyFiles:

  • /Body Corporate Documents /
    • BC.zip
  • /Certificate of title/
    • CT.pdf
  • /LIM and property files/
    • LIM- Unit 1, 160 Wairau Rd.pdf
    • Property files.zip
  • /Lease Documents/
    • Deed of Lease Valentins North Shore Lease.pdf
    • DeedofLease8November2012.pdf

Property Description

Iconic buffet restaurant investment opportunity
• High-profile corner site in a prominent retail hub
• Substantial freehold unit comprising 810sqm of prime floor area
• Well-established tenant: Valentines Buffet Restaurant
• Secure long-term income: new 6-year lease recently renewed

Valentines is a highly recognised buffet restaurant brand that has been operating in New Zealand since 1989. This particular location features a high-quality restaurant fit-out across a substantial 810sqm floor area. The tenant has traded successfully at this prime site for over 12 years and recently reaffirmed their commitment by renewing a new 6-year lease. The property forms part of the well-established Wairau Junction complex, which comprises 22 tenancies across 4,800sqm and benefits from ample customer parking.

Tenancy Details
Returning a net rental of $245,000pa + GST. Full tenancy details are available upon request.

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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 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.


Contact James Chan

James Chan

Director, Aisan Markets

09 375 8458   021 934 054   james.chan@bayleys.co.nz   All Listings

James Chan has been specialising in the sale of commercial property for nearly 30 years and is the first salesperson among Bayleys Real Estate’s nationwide commercial and industrial team to have achieved gross sales of more than $1 billion, placing him within an elite group of high achievers within the industry.

James is head of Bayleys’ Auckland-based international sales division, a team of multilingual salespeople specialising in servicing the property requirements of both offshore and local South East Asian investors.

James has been a top performing salesperson for many years, winning both Bayleys and the Real Estate Institute Salesperson of the Year (REINZ) awards on numerous occasions. Most recently, he was winner of Bayleys’ nationwide top auction agent award for 2011/2012; winner of Bayleys’ national top commercial and industrial salesperson award in 2011/2012 and runner up in 2012/2013; and runner up in REINZ national salesperson of the year award for 2011/2012. Bayleys Top Achievers status every years for the past 30 years.

Born in Hong Kong, James is fluent in Mandarin and Cantonese as well as English and says his “rich cultural base” gives him a point of difference in the marketplace. “I try to bridge the Kiwi and Asian way of thinking, acting as a mediator between the two. I always try and create an outcome that produces a win-win for vendors and buyers.”

In the time he has worked for Bayleys, James has built up a vast network of contacts both within New Zealand and throughout Asia. These not only include investors but also banks and financiers, lawyers, immigration consultants and other professionals. Due to "word of mouth" and as the result of numerous successful transactions over many years, James has built a level of trust and reputation which means clients personally seek out his advice.