23 Toiawaka Road, Drury, Auckland Brand new 12year lease to Genesis Energy

Available PropertyFiles:

  • Information Memorandum.zip
  • Interests.zip
  • LIM.zip
  • Lease Documentation.zip
  • Outgoings schedule.zip
  • Property file.zip
  • Record of Title.zip

Property Description

Key Features
• Brand new 12-year lease to NZX-listed tenant Genesis Energy
• Returning net of $376,383pa plus GST with built in rental growth
• Substantial freehold 5,000sqm (more or less) site with significant tenant improvements in place
• Strategically located in a fast-growing precinct with multiple multi-nationals
• Bottom draw investment with attractive long-term fundamentals

Opportunities to secure long-term income backed by a nationally recognised corporate tenant are increasingly rare.

This investment is underpinned by a substantial returning net of $376,383pa plus GST and outgoings, with built in rental growth. Secured by a new 12-year lease to Genesis Energy, one of New Zealand's largest listed companies with significant Government ownership, the attractive lease profile and minimal management requirement of this property offers investors security in an uncertain economic environment.

Whether you are seeking reliable income, portfolio diversification, or a long-term hold with institutional-grade tenant strength, this asset warrants serious consideration.

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Contact Jean-Paul Smit

Bayleys Real Estate Ltd, South Auckland

Licensed under the REA Act 2008

09 309 6020   021 021 61616   jean-paul.smit@bayleys.co.nz   All Listings

With over a decade of experience at Bayleys, JP is a highly regarded member of the Bayelys Central Industrial team, specialising in industrial properties throughout the central Auckland corridor.

JP has built a reputation as a trusted advisor to a wide range of clients—from owner-occupiers and tenants to investors and developers, with a strong work ethic and clear, consistent communication.

Leveraging the strength of the Bayleys brand, he works collaboratively with his team utilising Bayley’s extensive, qualified databases and the company’s market-leading resources. This integrated approach ensures clients receive the best possible exposure and results in every campaign.

Outside of real estate, Jean-Paul has been a dedicated member of the Piha Surf Lifesaving Club for over 15 years and has proudly represented New Zealand in surf lifesaving on multiple occasions. He also enjoys spending his downtime on the golf course and is a member of Royal Auckland & Grange Golf Course.

Whether you're buying, selling, or leasing industrial property, Jean-Paul combines local knowledge, a string work ethic, professional insight, and a personal commitment to deliver results you can rely on.


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.