1 Clark Street, New Lynn, Auckland Royal holding with strategic appeal
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Available PropertyFiles:
- 8302495.1_Easement.pdf
- BCAR.zip
- Information Memorandum.zip
- LIM.zip
- Lease documents.zip
- Property Files.zip
- Record of Title.zip
Property Description
Key features;• Strategic freehold landholding of 2,731sqm (more or less)
• Recently renewed 10-year lease to Burger King expiring 2034
• Favourable redevelopment provision upon 24 months' notice
• Zoned Metropolitan Town Centre (building height of up to 72.5m)
Available for the first time in 30-years, 1 Clark Street is now on the market as one of New Lynn's premier metropolitan-zoned sites. This prime 2,731sqm (more or less) freehold property offers significant development potential with zoning allowing for buildings up to 72.5m high.
A newly renewed 10-year lease to Burger King adds security, with a strong net rental income of $153,500pa plus GST. The lease benefits from a demolition or redevelopment provision, providing developers the flexibility to plan and consent while still generating income.
Directly across the road from New Lynn Train Station due to benefit from the highly anticipated City Rail Link (CRL) scheduled to be operational in 2026. In addition to Lynn Mall, surrounded by national tenants such as Les Mills, New World and Mitre 10 Mega - enhancing strategic appeal.
This is a rare opportunity to secure a high-profile site in one of Auckland's key suburban hubs. Don't miss out!
Please fill in the form below and we'll email you a link to download the PropertyFiles, instantly.
Contact Tony Chaudhary
Bayleys Real Estate Limited, Manukau
Licensed under the REA Act 2008
021995121 tony.chaudhary@bayleys.co.nz All Listings
Tony Chaudhary’s proven strategies for attaining outstanding results for his commercial property clients have seen him rise through the ranks of Bayleys since joining the group 15 years ago. Tony has ranked amongst the company’s Top 5% of agents nationwide every year since joining Bayleys and he was awarded the esteemed title of No 1 Commercial Agent, New Zealand in 2020/2021.
Specialising in the South/East Auckland commercial property sales market, Tony’s expertise is also regularly called upon by his clients throughout the Auckland market as they recognise the value he can add to the real estate table.
Regularly dealing with individual property owners, corporate clients, high-profile national retail groups, and key international property clients, Tony’s business has grown exponentially on the back of repeat and referral business, record sales prices, a changing market, and clever solutions to his clients’ property challenges.
It is no surprise due to the continuing growth of the business that Tony is now supported by Janak Darji, Gaurav Minhas and Manu Pundir who each bring their own wealth of knowledge and expertise to the team. Tony’s proficiency in Hindi, Punjabi, and English, plus an understanding of Gujarati, allow him to gain people’s confidence and give him the edge in negotiations. Janak also speaks Gujarati and Gaurav also speaks Punjabi, Hindi and Fiji-Hindi.
Tony Chaudhary and his team efficiently services a growing national and international client base which values their diligent work, intelligent marketing strategies and proven negotiation skills that Tony has consolidated. Tony and the team invest significant time and energy to ensure that every avenue is pursued to find the right buyer for each property he is entrusted to market.
Deeply established in the Auckland commercial property market, Tony and his team, together with the reputable Bayleys brand, delivers exceptional real estate service to discerning property owners keen to realise true market value in the competitive marketplace.
