Available PropertyFiles:

  • 2. Tenancy Schedule.zip
  • 3. Building.zip
  • 4. Development Proposal.zip
  • Disclosure letter.zip
  • Information Memorandum.zip
  • LIM Report.zip
  • Property File.zip
  • Property guru page.zip
  • Record of Title.zip
  • /Lease Documents /
    • ATL Lateral Engineering.zip
    • Bank Guarantees.zip
    • R1-Wesfarmers.zip
    • R2 -Rexel.zip
    • R3- Floor Decor Ltd.zip
    • R4 - Connexions.zip
    • Rear Storage - Metalite.zip
    • Rear WH + Yard - Teh Enterprise Limited.zip

Property Description

• Commanding 8,093sqm freehold site on key East Tamaki arterial
• 3,034sqm (more or less) comprising trade retail and industrial
• Currently returning approximately $671,221pa net + GST
• Split-risk investment with superb development upside

107 Harris Road offers a rare opportunity for purchasers to acquire a strategic investment with future development upside. Underpinned by 8,093sqm (more or less) of freehold land, the property benefits from nine separate tenancies, seven of which are returning a combined rental of approximately $671,221pa net + GST, with further uplift from two small vacancies.

The four trade retail tenants offer long-term and strong covenants while the remaining short-term industrial tenancies allow for development potential and future upside.

The property enjoys a high-profile position on Harris Road, one of East Tamaki's main arterial routes, and houses a vast range of commercial and industrial occupiers. With just 38% site coverage and an attractive diversified income, this offering should appeal to a range of investors, owner-occupiers and developers.

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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 James Hill

Bayleys Real Estate Ltd, Manukau

Licensed under the REA Act 2008

021 599 529   james.hill@bayleys.co.nz   All Listings

Selling is in James Hill’s blood – with decades spent honing the craft of building customer service through such industry sectors as insurance, time share apartments, exhibitions, and events.

James Hill brought his honed sales skills to Bayleys’ commercial and industrial division in 2006 - appreciating that building and managing client relationships would be the foundations for a long-term career in a city where reputation and credibility are everything.

Underpinning James Hill’s drive for delivering ultimate customer service are a set of fundamental business practices - including planning, meticulous time management, industry knowledge, wider appreciation of town planning and development dynamics, and dogged persistence.

As an active cricket player and golfer (with a pair of aces to his credit), James Hill’s competitive nature is reflected in the ‘fight’ he puts into marketing clients’ properties.

“I’ve found that the more you put into developing business networks and growing a profile in the commercial property community, the more that comes out in terms of engineering successful sales and securing on-going listing campaigns,” says James.
Utilising a broad exposure to a raft of different commercial and industrial property types - in conjunction with listening to, and learning from both vendors and purchasers - James Hill has come to recognise the multiple road blocks and hurdles which can lie in wait to ambush a successful marketing campaign. Consequently, James knows how his clients can structure their deals to accordingly avoid those pitfalls and attract the widest potential buyer interest possible.