Available PropertyFiles:

  • Lease documents.zip
  • Property File.zip
  • /Information Memorandum/
    • Arranmore Drive 1_IM_09.05.2020.pdf
  • /LIM Report/
    • Arranmore Drive 1_LIM Report_14.05.2020.pdf
  • /OPEX Budget/
    • OPEX Budget.pdf
  • /Resource Consent and Plans/
    • Concept Plans.pdf
    • Plans for Extension.pdf
    • Vendor Update re RC Consent.pdf
  • /Titles and Encumberances/
    • CT.pdf
    • Encumbrance Auckland Transport.pdf
    • Land Covenant_14.05.2020.pdf

Property Description

ESSENTIAL NEIGHBOURHOOD CONVENIENCE CENTRE

• Fully-leased investment with five tenancies
• Corner site and Neighbourhood Centre zone providing development possibilities
• Large Flat Bush residential catchment
• Returning $181,900pa (approximately) + GST and outgoings
• Modern construction and low maintenance

A well-presented modern building with substantial on-site carparking will suit astute investors, institutions, family trusts and add-value investors alike looking for a longterm passive investment which is primed to take advantage of the continual development of the area.

Located in the vast residential catchment of Flat Bush, this premium corner investment comprises five established tenancies including a cafe, hair salon, laundromat, takeaway and real estate office. The site also offers development upside with scheme plans for two additional retail shops and first-floor offices.

With a large landholding of 1,463sqm (more or less) freehold site, recently built convenience centres are a rarity.

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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 Tony Chaudhary

Bayleys Real Estate Limited

Licensed under the REA Act 2008

021 995 121   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 the Bayleys group over the last eight years. Consistently among the company’s Top 5% of agents nationwide, Tony was, for the sixth year in a row, named Bayleys Manukau’s top Retail/Commercial/Industrial agent for the 2015/2016 financial year.
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.
He has now enlisted two business support assistants to his personal sales team; Janak Darji, a Bachelor of Property graduate, and Amy Weng, currently completing her commerce degree.
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 invests significant time and energy to ensure that every avenue is pursued to find the right buyer for each property he is entrusted to market.
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 Amy is proficient in Mandarin and Cantonese.
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.

Contact Amy Weng

Bayleys Real Estate Limited

Licensed under the REA Act 2008

021 177 3422   amy.weng@bayleys.co.nz   All Listings

Amy Weng is part of a dynamic commercial sales team with the ability to speak six languages between them.

Over the past 2 years Amy has had the unique benefit of being mentored by her business partner Tony Chaudhary, who is consistently ranked among the top five percent of Bayleys salespeople nationwide. Amy has gained a deep understanding of the industry and believes the most pivotal element of selling real estate is not the property itself, but the ability to match people to property.

She can speak fluent English and Mandarin and can understand Cantonese. With an increasing number of Asian buyers entering the South Auckland commercial market, Amy’s skills are invaluable. Combined with Janak’s ability to speak Hindi, Punjabi and Gujarati, the team holds a strong position in the foreign investment market given their unparalleled ability to communicate with clients from a wide range of backgrounds.