2/115 Felton Matthew Avenue, St Johns, Auckland National branded liquor shop - 10 year lease

Available PropertyFiles:

  • Auction Agreement - Approved.pdf
  • Deed of Assignment (2026 dated).pdf
  • /Body Corp Documents/
    • Disclosure Documents.zip
  • /Files/
    • Property File.zip
  • /Lease Documents/
    • Deed of Lease (2019).pdf
    • Rent Review (2025).pdf
  • /Reports/
    • 113-117 Felton Mathew Ave BWOF & Reports 2025.pdf
    • IEP Report (2026).pdf
    • LIM - 2 -115 Felton Mathew Ave, St Johns.pdf

Property Description

• Existing 10 year lease from October 2019 plus 2 right of renewals of 5 years
• Returning a net rental of $73,027pa + GST with 2 yearly rent reviews
• Well-established convenience retail complex developed in 2012 by a reputable and experienced commercial developer
• Surrounding businesses include Carl's Jr, Columbus Coffee, Jetts and Woolworths

Offered to the market is a secure retail investment underpinned by a long-standing tenancy, St Johns Liquor Centre. The premises has operated as a liquor retail outlet since 2012 and is on an existing 10-year lease from 2019 with further rights of renewal in place.
Liquor Centre - founded in 1992, is a recognised national franchise which is part of New Zealand's largest liquor chain which, along with Liquor Spot, has over 230 stores across New Zealand.

The property has been held by the current owner since its redevelopment and has remained fully tenanted throughout. It comprises approximately 212sqm (more or less) of floor area and benefits from ample shared car parking within the complex.

Strategically positioned within the Merton East Retail Complex, the property is surrounded by established national and local operators including Carl's Jr, Jetts Fitness, Columbus Coffee and Saint Johns Butchery, with Woolworths and Colin Maiden Park located directly opposite.

An affordable retail investment with an established tenant and favourable lease covenants - this is not to be missed.

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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.

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.