1 Station Road, Manurewa, Auckland Manurewa multi-tenanted corner site
TweetAvailable PropertyFiles:
- LIM Report.zip
- Leases.zip
- PropertyFiles.zip
- Reports.zip
- Titles.zip
Property Description
Key features• High-profile trophy building on the market for the first time in 30 years
• Fully-leased returning $140,411pa + GST and outgoings from five long-term tenants
• Split-risk investment with huge upside
• Favourable seismic rating of 82% NBS
• Positioned on the corner of Great South Road and Station Road in the centre of Manurewa, this multi-tenanted site presents a prime investment opportunity.
The property has always had full occupancy, and with low vacancy rates in Manurewa this means there is always good tenant demand. The building is close to the train station, receives excellent foot traffic from nearby Southmall shopping centre, has generous public car parking nearby, and is within a residential catchment - all features which point to a vibrant trading environment. Time for a new owner to tidy up the leases and move the property into the next phase of its life.
The vendors' family trust has owned the property for three decades and has decided it is time to liquidate their interest which has created an opening to acquire this trophy building.
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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.