75 Waikura Road, Drury, Auckland Secure income, scale and flexibility in Drury

Available PropertyFiles:

  • LIM.zip
  • Lease.zip
  • Plans.zip
  • Property Files 1.zip
  • Property Files 2.zip
  • Titles.zip

Property Description

Bayleys is pleased to offer Building A and B, 75 Waikura Road, Drury, an exceptional opportunity to acquire two substantial freehold industrial assets within one of New Zealand's fastest-growing logistics and industrial precincts.

The offering combines a long-term leased investment at Building A with the flexibility and future potential of the adjoining vacant facility at Building B. Supported by strong underlying land fundamentals, modern improvements and immediate income from the Slumberzone tenancy, the property provides purchasers with a unique blend of cashflow security and value-add upside.

Opportunities to acquire neighbouring, newly completed freehold industrial assets of this scale are exceptionally rare, particularly within the tightly held Drury market.

Key features:
• Two brand-new freehold industrial facilities offered together
• Secure income from Slumberzone New Zealand Limited tenancy
• Returning net income of $1,378,475pa + GST from Building A
• 12-month rental underwrite on Building B
• Significant scale within Drury's growth corridor
• Investment, occupier and add-value flexibility

For further information, contact the sole agents

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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.


Contact Greg Hall

Bayleys Real Estate Limited

Licensed under the REA Act 2008

09 309 6020   021 0232 1884   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.