Available PropertyFiles:

  • Balle Bros Lease.zip
  • BalleBros email trail.zip
  • Client Risk Management Report.zip
  • Current BWoF.zip
  • Documentation relating to 1999 Resource Consent.zip
  • Information Memorandum.zip
  • Invoice from Auckland Roofcraft - repairs 2023.zip
  • LIM Report.zip
  • NZI insurance risk assesment.zip
  • Operating Expenses.zip
  • Packhouse drawings.zip
  • Property File.zip
  • Response email on permitted usage.zip
  • Subleases (Under T& G Head Lease).zip
  • Technical Due Diligence Information.zip
  • Title Documents.zip
  • Turners and Growers Deed of Renewal and Rent Review.zip

Property Description

• 9,383sqm NLA, underpinned by a long lease to Turners & Growers
• Substantial freehold title of 3.9132ha with development upside
• Currently returning $703,756pa + GST, with built in growth and possibility of market uplifts
• The property features chillers, packaging and distribution areas

Expected to benefit from anticipated policy to protect prime horticultural land (thereby limiting further industrial land supply), this property is exceptionally well positioned amongst some of New Zealand's most fertile and productive land, which produces the equivalent of 26 percent of the countrys total vegetable production.

The large-scale offering is underpinned by excellent investment fundamentals; leased long-term to a subsidiary of NZX listed Turners & Growers Global Limited, a substantial freehold land holding with development potential, and a location experiencing rapid population and development growth.

The vendor understands current market conditions and is serious about selling. All qualified interest is welcomed.

For further information, please contact the Sole Agents today:

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


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 Sunil Bhana

Bayleys Real Estate Limited

Licensed under the REA Act 2008

09 375 8438   021 938 660   sunil.bhana@bayleys.co.nz   All Listings

In 2017 Sunil was promoted to the role of managing Bayleys Central and West Auckland Industrial Sales and Leasing Team, a high performing, experienced, group who work together in a collaborative environment to ensure the best client outcomes are achieved.

Sunil joined Bayleys in 2001 having completed a Bachelor of Commerce and a Bachelor of Property at the University of Auckland. Initially focussing on the industrial sales and leasing market in Penrose and Mt Wellington, Sunil established an excellent grounding operating in both buoyant and difficult markets and learning the skills required to bring a deal together.

As a senior broker, Sunil has continued to service the Auckland Industrial market as well as completing other commercial, industrial and special projects throughout New Zealand working in conjunction with Bayleys National network of agents.

Sunil’s personable approach and hard working attitude has lead the conclusion of a significant number of transactions in leasing, vacant, investment and land sales. Sunil is motivated and results oriented, and provides a professional approach to property marketing, possessing the attention to detail essential to the smooth running of a marketing campaign.

Sunil has been awarded Bayleys’ Staff Recognition and Ian McHardy Recognition Awards in acknowledgement of his contribution and commitment to the Bayleys Company and has consistently featured amongst Bayleys top performing agents, regularly positioned in the top 10% of Bayleys Salespeople nationally.

Contact Steve Rendall

Bayleys Real Estate Limited, Auckland Central,

Licensed under the REA Act 2008

027 521 2599   027 521 2599   steve.rendall@bayleys.co.nz   All Listings

Stephen Rendall is head of the Bayleys Real Estate Advisory team and the National Director of Office Leasing. He provides strategic real estate advice and originates, structures and executes complex real estate transactions across all commercial real estate asset classes. As National Director of Office Leasing he brings together the national office leasing network, strengthening Bayleys offering to the market.

Stephen focuses on large-scale national occupier requirements, capital markets transactions, projects and land development, and debt placement. He works closely with Bayleys’ global partner Knight Frank in relation to off-shore occupancy mandates and in-bound capital investment.

Stephen joined Bayleys from one of New Zealand’s leading law firms, Russell McVeagh, where he was a Partner in the Real Estate and Construction team. He has advised on several of New Zealand’s most high-profile commercial real estate transactions in recent times, spanning both the private and the public sector, while regularly advising on construction and development procurement. Examples of completed transactions include the initial PSP and subsequent CPP acquisition of interests in the $1bn-plus ex-AMP portfolio; Goodman’s development of the VXV precinct; and several of Oyster Property’s recent asset purchases.

Stephen’s credentials are strengthened by those of his colleagues whose enjoy specialist experience in international funds management, global property, research and valuation, and capital markets’ analysis.

The commercial property market in New Zealand is becoming increasingly more sophisticated. As Bayleys’ clients are demanding a much broader deal execution capability, Stephen’s wealth of experience augments our firm’s ability to deliver on the most complex transactions in our market.