1 Station Road, Manurewa Multi-tenanted corner site

Available PropertyFiles:

  • LIM Report.zip
  • Leases.zip
  • PropertyFiles.zip
  • Reports.zip
  • Tenancy Schedule 22.10.24.xlsx
  • Titles.zip

Property Description

• High-profile trophy building on the market for the first time in 30 years
• Fully-leased returning $142,623 + GST and outgoings from five long-term tenants
• Split-risk investment with huge upside
• Favourable seismic rating of 82% NBS

Positioned on the corner of Great South Road and Station Road in the centre of Manurewa, this multi-tenanted site presents a prime investment opportunity.

The property has always had full occupancy, and with low vacancy rates in Manurewa this means there is always good tenant demand. The building is close to the train station, receives excellent foot traffic from nearby Southmall shopping centre, has generous public car parking nearby, and is within a residential catchment - all features which point to a vibrant trading environment. Time for a new owner to tidy up the leases and move the property into the next phase of its life.

The vendors' family trust has owned the property for three decades and has decided it is time to liquidate their interest which has created an opening to acquire this trophy building.

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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 Geoff Wyatt

Bayleys Real Estate Limited

Licensed under the REA Act 2008

021 982 322   geoff.wyatt@bayleys.co.nz   All Listings

Geoff Wyatt joined Bayleys Real Estate in 2005. Since that time, Geoff has completed lease and sale transactions valued in excess of $25 million. In 2010 Geoff completed deals which placed him in the “Top 20” Commercial & Industrial agents in Bayleys Realty Group.

Geoff concentrates his efforts on knowing the South and East Auckland retail and commercial market; the landlords, tenants, investors, brokers and developers. Geoff specialises in all aspects of commercial real estate sales and leasing. He has expert knowledge of vacancies, rental and absorption rates of retail and office space in the area.

Prior to joining Bayleys Geoff spent thirty years in the fashion industry where he learnt that “customer service is key”, knowledge he has brought to his real estate career and the mantra for his business.

Geoff’s success stems from his diligent service, problem solving skills, and strong commitment to his clients.

“The formula is very simple; I make vendors, landlords and tenants my priority. I listen to them and visit them on a regular basis to understand their current and future needs. When it comes time for my clients to make a decision, it is an easy process, because they trust my capabilities. They know that I will represent them fairly and successfully in their retail or office space needs.”