1-4/16 Norrie Road, Drury Four titles with split-risk income and upside

Available PropertyFiles:

  • 16 Norrie Road - ISA Report.pdf
  • Certificate of Titles - 16 Norrie.zip
  • LIM - 16 Norrie Road.pdf
  • Lease documents.zip
  • Property File.zip
  • /Body Corp Documents/
    • Norrie RD_16_PCDS_Unit 3.pdf
    • Norrie Rd_16_PCDS_Unit 1.pdf
    • Norrie Rd_16_PCDS_Unit 2.pdf
    • Norrie Rd_16_PCDS_Unit 4.pdf
  • /LIM Reports (2021)/
    • Norrie Road 16 Unit 1_LIM_28.04.2021.pdf
    • Norrie Road 16 Unit 2_LIM_28.04.2021.pdf
    • Norrie Road 16 Unit 3_LIM_28.04.2021.pdf
    • Norrie Road 16 Unit 4_LIM_28.04.2021.pdf
  • /Property Files (2021)/
    • Property Files.zip

Property Description

Key features:
• Four (4) unit industrial complex with four (4) titles offered as one
• Split-risk income returning $114,574pa + GST upside from vacant units
• Business - Light Industry zoning in a high-growth Drury location near State Highway
• Motivated vendor with clear instruction to sell

Positioned within the rapidly growing Drury industrial precinct, this multi-unit industrial complex comprises four north-facing units on individual titles, offered together as a single holding. The property provides a combination of income and flexibility, with two units currently tenanted and two vacant, allowing for both immediate holding income and future leasing or owner-occupier upside.

Each unit is configured for functional industrial use, featuring clear-span warehouse space and roller door access, complemented by associated yard areas and onsite car parking. The total net lettable area is approximately 970.5sqm.

The site spans 6,710sqm (more or less), with good circulation for vehicles and equipment, although a portion of the land is impacted by the adjacent stream. The property is well suited to a range of buyers including investors seeking split-risk income, add-value buyers looking to lease the vacant units, or occupiers wanting to secure a foothold in a high-growth location.

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Contact Tony Chaudhary

Bayleys Real Estate Limited, Manukau

Licensed under the REA Act 2008

021995121   tony.chaudhary@bayleys.co.nz   All Listings

Throughout his distinguished 18-year career with Bayleys, Tony Chaudhary has built an exceptional reputation in New Zealand's commercial property sector. His proven strategies and outstanding results have established him as a leading figure in the South, East & West Auckland markets.

Market Excellence: With deep expertise in investment sales and tenanted retail opportunities, Tony has become a trusted name across Auckland. His comprehensive analysis of market dynamics and keen understanding of yield optimization enable clients to maximize their investment returns. This specialized knowledge, combined with strong connections to property owners, corporate clients, national retail groups, and international investors, frequently unlocks opportunities before they reach the open market. Through years of trusted partnerships and masterful negotiation skills, Tony has achieved numerous record-breaking sales that consistently deliver superior outcomes for his clients.

Strategic Innovation: Several key factors distinguish Tony's approach in the competitive marketplace. His extensive network of investors, business owners, and developers facilitates swift, efficient transactions, Tony identifies and maximizes each property's unique value proposition with sophisticated marketing strategies and deep market insights, making him the trusted advisor for discerning property owners seeking exceptional results.

Backed by the prestigious Bayleys brand, Tony's commitment to excellence and client success continues to set new standards in commercial property services. His strategic guidance and comprehensive market knowledge make him the preferred choice for investors seeking to optimize their property portfolio value in today's dynamic marketplace.


Contact Roman van Uden

Bayleys Real Estate Limited

Licensed under the REA ACT 2008

09 264 92649   027 313 8803   roman.vanuden@bayleys.co.nz   All Listings

Commercial and Industrial Real Estate Salesperson | Cycling Coach | Accomplished Sailor

With a unique blend of professional expertise and diverse passions, Roman van Uden brings a dynamic approach to the world of commercial and industrial real estate. As a former professional cyclist and a dedicated cycling coach at Auckland Grammar School, Roman is committed to giving back to his alma mater while excelling in the real estate arena.

Roman's journey from the fast-paced world of competitive cycling to the intricacies of real estate demonstrates his tenacity and adaptability. Leveraging his innate drive and keen strategic thinking, he has facilitated over $100 million in real estate transactions over a span of just four years. His focus on the Takanini, Papakura, and Drury industrial and development precincts showcases his in-depth knowledge of local markets and his ability to match clients with tailored solutions.

Sporting highlights include winning the Tour of the Gila Criterium beating none other than Lance Armstrong, multiple stage wins at the prestigious Tour of Southland and sailing racing from Auckland to Three Kings Island and back. Roman continues to inspire the next generation of cyclist, coaching his old alumni at Auckland Grammar School with over 20 consecutive Team Time Trial wins in the last four years.

Roman van Uden's multifaceted journey reflects his ability to seamlessly transition from the competitive edge of professional sports to the intricate landscape of real estate. With a track record of transformative transactions and a commitment to both mentoring and personal growth, Roman is a distinguished figure who continues to make a substantial impact in various domains.