13-15 Ben Lomond Crescent, Pakuranga Heights, Manukau City, Auckland Split-risk industrial investment

Available PropertyFiles:

  • BWOF.zip
  • Earthquake.zip
  • Information Memorandum.zip
  • Insurance.zip
  • LIM Report.zip
  • Leases.zip
  • Property File.zip
  • Property Reports.zip
  • Record of Title.zip

Property Description

• Passive industrial investment in the tightly held Pakuranga industrial precinct
• 4,047sqm of light industrial-zoned land with 2,510sqm of buildings
• Entrenched tenants with a diverse mix of business uses
• Total annual rental income of $357,733 net + GST

This exceptional offering presents a rare opportunity to acquire a substantial 4,047sqm freehold site in Pakuranga’s desirable industrial precinct—a tightly held area where passive, split-risk investments of this calibre seldom come to market.

The property benefits from two established tenants, providing secure, passive income with a combined rental of $357,733 net + GST annually. Signature Rugs Limited occupies 13 Ben Lomond Crescent with a recently renewed four-year lease, while Howick Gymnastics Club Limited occupies 15 Ben Lomond Crescent and has renewed for a further four-year term beginning 1 February 2025.

Both tenants are well-established and committed to the site. The current vendor has completed capital upgrades, including new roofing on both buildings, ensuring structural integrity. The large rear yard and ample parking offer opportunities for enhanced amenities or future development, adding long-term value to this investment.

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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 Tom Doyle

Bayleys Real Estate Limited

Licensed under the REA ACT 2008

021 062 6261   tom.doyle@bayleys.co.nz   All Listings

Hailing from the dynamic city of Auckland, Tom's roots trace back to Sacred Heart College, a place that instilled in him values of determination, hard work, and excellence. While the early chapters of his journey saw him representing New Zealand on the football pitch, it's in the realm of real estate that Tom truly found his calling.

A transition from the field to the fast-paced world of property might seem unorthodox to some, but for Tom, the parallels were clear: both required strategy, insight, and an unyielding commitment to achieving one's goals. With an astounding record of over $100 million in sales and lease transactions under his belt, Tom's dedication to his clients and his craft is evident.

It wasn't long before Tom's reputation in the real estate sector caught the attention of Bayleys, leading him to join their esteemed ranks as a senior broker. Here, he channeled his vast experience and expertise into specialising in commercial and industrial sales and leases throughout South Auckland. His understanding of Auckland, coupled with his strategic approach to real estate, has solidified his position as a key asset to our team.

Whether it's crafting the perfect deal or scouting the next prime piece of commercial real estate, Tom Doyle's journey from the footy field to Senior Broker is a testament to his prowess, passion, and unparalleled commitment to the world of real estate.