26 Toiawaka Road, Drury, Auckland 20-year lease | Brand new investment

Available PropertyFiles:

  • Agreement to Design, Build, and Lease.zip
  • Construction Pack.zip
  • Information Memorandum.zip

Property Description

Key features:
• 20-year lease to an established occupier
• Returning net income of $1,298,085pa + GST
• 10-year Rights of Renewal thereafter
• Fixed 3% annual rental growth plus market reviews
• Brand new industrial facility
• Significant tenant capital investment within the property
• Prime location within the Drury South Crossing Industrial Precinct

Bayleys is pleased to offer for sale 26 Toiawaka Road, Drury, a brand-new industrial investment underpinned by a rare 20-year lease to an established occupier.

Positioned within the rapidly expanding Drury South Crossing Industrial Precinct, the property comprises a newly developed industrial facility purpose-built to support the tenant's long-term operational requirements.

A key feature of the investment is the significant capital commitment made by the tenant within the property, reflecting a substantial investment in the location and reinforcing the strategic importance of the facility to its operations.

Returning net income of $1,298,085pa + GST and outgoings, the lease provides fixed 3% annual rental growth together with periodic market reviews, delivering a structured income profile over the long term.

Opportunities to acquire brand new industrial assets with a 20-year lease term are exceptionally limited. Investors seeking long-dated income from a modern industrial facility in one of Auckland's premier growth locations should give this opportunity serious consideration.

For further information, contact the sole agents:

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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 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.