Available PropertyFiles:

  • CCC_IF2_Pass_20241011.pdf
  • Information for buyers.zip
  • Timothy Place 18_Sales and purchase agreement_October 2024.pdf
  • Timothy Place, 18_Information memorandum_September 2024.pdf

Property Description

• Total net return of $164,040pa plus GST
• Two long standing and loyal tenants
• 75% ISA rating
• Dual road frontages
• Recently replaced roof

Offered to the market for the first time in close to 40 years sits a perfectly positioned multi-tenanted industrial investment on Timothy Place. The property returns a total net income of $164,040pa plus GST and is home to Watts Engineering and Monaghan Sheetmetals who both enjoy their own access and car parking.

This freehold site has been meticulously maintained, and benefits from a recent roof replacement. Watts Engineering occupies approximately 589sqm of floor area with seven car parks, with excellent road frontage and direct access from 18 Timothy Place. Monaghan Sheetmetals occupies approximately 571sqm (approximately) of floor area with seven car parks and enjoys frontage and access from 4 Saunders Place.

In a market starved of quality industrial investments like this, the property offers a rare opportunity for investors to secure a solid, carefree asset in a prime location.

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



Contact Tony Chaudhary

Bayleys Real Estate Limited, Manukau

Licensed under the REA Act 2008

021995121   tony.chaudhary@bayleys.co.nz   All Listings

Tony Chaudhary’s proven strategies for attaining outstanding results for his commercial property clients have seen him rise through the ranks of Bayleys since joining the group 15 years ago. Tony has ranked amongst the company’s Top 5% of agents nationwide every year since joining Bayleys and he was awarded the esteemed title of No 1 Commercial Agent, New Zealand in 2020/2021.

Specialising in the South/East Auckland commercial property sales market, Tony’s expertise is also regularly called upon by his clients throughout the Auckland market as they recognise the value he can add to the real estate table.

Regularly dealing with individual property owners, corporate clients, high-profile national retail groups, and key international property clients, Tony’s business has grown exponentially on the back of repeat and referral business, record sales prices, a changing market, and clever solutions to his clients’ property challenges.

It is no surprise due to the continuing growth of the business that Tony is now supported by Janak Darji, Gaurav Minhas and Manu Pundir who each bring their own wealth of knowledge and expertise to the team. Tony’s proficiency in Hindi, Punjabi, and English, plus an understanding of Gujarati, allow him to gain people’s confidence and give him the edge in negotiations. Janak also speaks Gujarati and Gaurav also speaks Punjabi, Hindi and Fiji-Hindi.

Tony Chaudhary and his team efficiently services a growing national and international client base which values their diligent work, intelligent marketing strategies and proven negotiation skills that Tony has consolidated. Tony and the team invest significant time and energy to ensure that every avenue is pursued to find the right buyer for each property he is entrusted to market.

Deeply established in the Auckland commercial property market, Tony and his team, together with the reputable Bayleys brand, delivers exceptional real estate service to discerning property owners keen to realise true market value in the competitive marketplace.