204-208 Richardson Road, Wesley Prime corner | strong income, future upside

Available PropertyFiles:

  • Info for buyers (2).zip

Property Description

• Freehold high-profile corner site of 840sqm (more or less)
• Diversified income across eight tenancies, returning $229,135pa net + GST
• Business - Town Centre zoning with redevelopment and value-add potential
• Prime arterial location with motorway access and high foot traffic
• Situated in a high-growth precinct with long-term upside

Occupying a prominent corner with wide street frontage at the intersection of Richardson Road and Stoddard Road, 204-208 Richardson Road is a well-located suburban retail investment with strong pedestrian and drive-by exposure. Fully leased, the property generates income from a mix of uses including a dental clinic, a vape shop, onsite ATM, and cell tower, complemented by specialty retail and eateries. This blend balances recession-resilient streams with entrepreneurial ventures, producing a net return of approximately $229,135pa + GST and outgoings.

Zoned Business - Town Centre, the site offers redevelopment or intensification potential. With direct access to State Highway 20, proximity to Auckland Airport and the CBD, and exposure to a dense, growing residential catchment, the property delivers strong cashflow with clear value-add upside.

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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.