12-14 Lockhart Place, Mt Wellington, Auckland Secure, long-term lease to the Crown

Available PropertyFiles:

  • Due Diligence.zip
  • LIM.zip
  • Record of Title.zip

Property Description

• Returning $1,651,884pa net + GST with annual CPI and three-yearly market rent reviews
• Secure office and warehouse with dual access and full drive around
• Significant industrial facility in Auckland's tightly held Mt Wellington precinct
• Easy connectivity to SH1 and main arterial routes

A substantial industrial investment in Mt Wellington, one of Auckland's leading industrial precincts. Combining a strategic location, functional improvements and secure rental income, offering investors income certainty and long-term performance. Excellent access to Great South Road and State Highway 1 connects the property to Sylvia Park, Auckland's inland port network and the South Auckland industrial corridor, reinforcing its occupier appeal and investment credentials.

Positioned on a quiet cul-de-sac, the secure site provides dual access, yard area, onsite parking and drive-around access. The functional facility has a high warehouse-to-office ratio and enclosed canopy, supporting varied industrial operations. Backed by a blue-chip tenant covenant and established rental income, the investment offers security, scale and strategic positioning. It appeals to private investors, family offices, wholesale investors and institutions seeking a substantial industrial asset with enduring fundamentals.

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Contact Sunil Bhana

Bayleys Real Estate Limited South Auckland

Licensed Under the REA Act 2008

09 332 445   021 938 660   sunil.bhana@bayleys.co.nz   All Listings

Sunil has been with Bayleys for over 20 years and his personable approach and hard working attitude has led to the conclusion of a significant number of transactions over the years, in both buoyant and difficult markets.

Sunil manages and leads Bayleys South Auckland, a high-performing and experienced Commercial and Industrial team of over 26 people who work together to ensure the best client outcomes are achieved. He also transacts in commercial, industrial, capital markets and special projects across the country, utilising Bayleys’ national network and collaborating with agents on the ground.

Sunil is motivated, results oriented, and provides a professional approach to property marketing, possessing the attention to detail essential to the smooth running of a campaign.

Consistently featured amongst Bayleys’ top performing agents and regularly positioned in the top 10% of Bayleys salespeople nationally, Sunil’s contribution and commitment to the company is also acknowledged through his multitude of awards, including the Bayleys Way Award which recognises impeccable client service and staff determination to be the best at what they do.


Contact Scott Campbell

Bayleys Real Estate Limited

Licensed under the REA Act 2008

021 414 107   scott.campbell@bayleys.co.nz   All Listings

With over 20 years’ property experience, Scott has managed leasing, sales and development over 550,000sqm of new industrial and commercial developments for customers including Ford, DHL and IBM equating to an asset value in excess of $2 billion, many being industry award winning facilities across Auckland and Christchurch.

Scott’s solution focused approach has gained him a reputation as a high achiever within the industry.

Ten years prior to joining Bayleys Scott held senior development positions as GM Development at Southpark and Development Manager for Goodman Property Trust. Scott has also held a number of agency positions with CBRE, culminating in his appointment as National Director Industrial.