2/23 Springs Road, East Tamaki, Manukau City, Auckland High-yielding bottom drawer investment

Available PropertyFiles:

  • Chattles list.zip
  • Documents of disclosure statements.zip
  • ISA Report.zip
  • Information Memorandum.zip
  • LIM Report.zip
  • Lease documentation.zip
  • Pre contract disclosure statement.zip
  • Property File.zip
  • Record of Title.zip

Property Description

Don’t miss your opportunity to purchase is this very bankable tenanted East Tamaki investment property. The established swim school is three years through a 12-year initial term and has a further 10-year right to renew. With locations in Mt Albert and Onehunga, the Aqua Artist Swim School brand is well known in Auckland.

The building, comprising approximately 548sqm has full tilt-slab construction and is complimented by 19 exclusive car parks. Neighbouring businesses include a mix of industrial and trade retail, in line with the local zoning being Business - Light Industrial. East Tamaki is regarded as one of Auckland’s premier commercial and industrial locations.

Investors seeking a modern building, producing a strong return at an affordable price point should look no further.

Key Features:
• Rental return of $134,832pa net (as of January 2024)
• Next lease renewal not until 2032
• CPI review dates two-yearly from the commencement date
• Rental bond in place

Contact one of the sole agents to discuss this opportunity further.

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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 Tim Bull

Bayleys Real Estate Limited

Licensed under the REA Act 2008

09 273 6666   021 127 1831   tim.bull@bayleys.co.nz   All Listings


Contact Beterly Pan

Bayleys Real Estate

Licensed under the REA Act 2008

021 139 2228   beterly.pan@bayleys.co.nz   All Listings

Beterly specialises in commercial leasing and sales in West Auckland area. She has achieved one of the largest commercial sales comprising of a $30 million Auckland CBD office building in the very first year of her real estate career at Bayleys.

Beterly graduated from University of Auckland with a Bachelor of Commerce degree. She is proficient in speaking, reading and writing in English, Cantonese and Mandarin. Beterly was the National Chinese Scholarship recipient and has also published 6 Chinese articles in City Publication, Southern Daily and the Chinese Youth Daily in the past. She also has 4 years of performing arts experience from Macleans College, was the NZQA Drama Scholarship Nominee.

Beterly has developed strong key client management and customer service skills within Fortune 500 company A.P.Moller Maersk Group (Maersk Line New Zealand) and Reid Marketing Research Services. Combined with experienced sales and natural communication skills, her passion and commitment towards her clients are always well received and acknowledged.

Outside work Beterly loves her fitness. She enjoys her triathlon experience. She loves tennis, running, swimming and boxing. Literature, music, drama and travelling are also her passion.