25 Bairds Road, Otara, Manukau City Government tenant - secure income

Available PropertyFiles:

  • Building WOF.zip
  • City Multi Commissioning Report.zip
  • Compliance Schedule.zip
  • Expenses.zip
  • Information Memorandum.zip
  • LIM Report.zip
  • Lease documentation.zip
  • Policy Schedules.zip
  • Property File.zip
  • Record of Title.zip

Property Description

• Long-term lease to His Majesty the King - commenced 2012
• Returning $585,238.40pa gross + GST, with fixed three-yearly increases
• Well-presented tenant in a custom-fitted property
• Astute investors seeking Crown-backed assets must investigate
• Standalone 1,065sqm building on 4,502sqm of freehold land

This modern property leased to the Department of Corrections is being offered for sale, presenting a rare opportunity to acquire a freehold investment underpinned by His Majesty the King as tenant.

The building comprises an immaculate office fit-out and boasts sixty-five (65) car parks. Having been in occupation since 2012, the tenant is well entrenched with good tenure remaining, including further renewals.

Located just south of the Highbrook off-ramp and close to DB Breweries, this established industrial/commercial precinct is a growth catchment with future upside.

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 Greg Hall

Bayleys Real Estate Limited

Licensed under the REA Act 2008

09 375 6839   021 023 21884   greg.hall@bayleys.co.nz   All Listings

Armed with a degree in finance and accounting from the University of Otago, Greg is an integral part of the Bayleys Central & West Auckland Industrial Sales and Leasing team.

Greg is working at the forefront of Commercial and Industrial property throughout Auckland and his enthusiasm for all things property and business are reflected in his dedication to the role, including keeping abreast of current trends and market conditions.

Greg believes a strong client and agent relationship is key to any transaction, and paired with his hardworking attitude has lead to the conclusion of a substantial number of transactions in leasing, investment and vacant sales.

Greg thrives on the fast-paced environment and is not one to shy away from a challenge. He works with confidence and transparency and believes clear communication is fundamental to building strong business relationships.


Contact Paul Steele

Bayleys Real Estate Ltd

Licensed under the REA Act 2008

+64 9 273 6666   021 494 111   paul.steele@bayleys.co.nz   All Listings

Paul is a seasoned professional with over 20 years of experience in commercial real estate. With a breath of experience including valuations, property development, property management and agency work, Paul can help property owners achieve exceptional outcomes in industrial sales and leasing.

Paul holds a degree in Property and accreditation as a Qualified Chartered Surveyor through the globally respected Royal Institution of Chartered Surveyors (RICS) and brings a depth of knowledge and credibility that instils confidence in his clients.

By strategically focusing on South Auckland’s industrial sector, Paul has developed a deep understanding of the market dynamics, allowing him to identify opportunities that others may overlook. His ability to connect land, buildings, and people in seamless transactions is what sets him apart in the competitive real estate landscape.

Whether you’re looking to sell, lease, or expand your industrial property portfolio, Paul’s commitment to providing the highest standard of advice ensures every client engagement is met with professionalism and insight.