2/14 Harrison Road, Mt Wellington Mt Wellington | Tenanted industrial investment

Available PropertyFiles:

  • Harrison Road 14 Unit 2_LIM Report.pdf
  • /Titles and Instruments/
    • 1064753_Title_Search_Copy.pdf
    • 12621888_6.pdf

Property Description

Secure a modern, income-producing light industrial unit in the tightly held Mt Wellington Workshops - one of Auckland's most established and sought-after industrial precincts.

Unit 2/14 Harrison Road is returning net $20,000pa + GST from Hi5 Electrical Limited on a two-year lease (commenced April 2025) with one right of renewal, providing income through to April 2029. The lease is on fully net terms with personal guarantees in place and a market rent review due April 2027, presenting genuine upside for rental growth.

The unit comprises approximately 81sqm across two levels - 55sqm ground floor warehouse with an approximately six-metre stud height and 26sqm mezzanine - offering a versatile layout suited to a wide range of trade, office and storage uses. Two (2) exclusive car parks sit directly at the roller door for practical loading and daily access.

The complex features 24-hour CCTV, gated card access, onsite building management and EV charging facilities. Situated just off Ellerslie-Panmure Highway, the property is approximately 7km from the CBD with direct access to SH1, Sylvia Park, Ellerslie Train Station and key bus routes.

Purchased in October 2020 for $675,000 with a current capital value of $630,000 - the vendor is realistic and motivated to transact.

Key details:
• Asking price: $599,000 + GST (if any)
• Net income: $20,000pa + GST
• Floor area: 81sqm (approximately)
• Tenant: Hi5 Electrical Limited
• Lease commencement: 8 April 2025
• Lease expiry: 8 April 2027
• Rights of renewal: One (1) of two (2) years
• Final expiry: 7 April 2029
• Rent review: Market review 8 April 2027
• Capital value: $630,000
• Car parks: Two (2) exclusive spaces
• Zoning: Business - Light Industry
• Tenure: Stratum in Freehold

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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

Throughout his distinguished 18-year career with Bayleys, Tony Chaudhary has built an exceptional reputation in New Zealand's commercial property sector. His proven strategies and outstanding results have established him as a leading figure in the South, East & West Auckland markets.

Market Excellence: With deep expertise in investment sales and tenanted retail opportunities, Tony has become a trusted name across Auckland. His comprehensive analysis of market dynamics and keen understanding of yield optimization enable clients to maximize their investment returns. This specialized knowledge, combined with strong connections to property owners, corporate clients, national retail groups, and international investors, frequently unlocks opportunities before they reach the open market. Through years of trusted partnerships and masterful negotiation skills, Tony has achieved numerous record-breaking sales that consistently deliver superior outcomes for his clients.

Strategic Innovation: Several key factors distinguish Tony's approach in the competitive marketplace. His extensive network of investors, business owners, and developers facilitates swift, efficient transactions, Tony identifies and maximizes each property's unique value proposition with sophisticated marketing strategies and deep market insights, making him the trusted advisor for discerning property owners seeking exceptional results.

Backed by the prestigious Bayleys brand, Tony's commitment to excellence and client success continues to set new standards in commercial property services. His strategic guidance and comprehensive market knowledge make him the preferred choice for investors seeking to optimize their property portfolio value in today's dynamic marketplace.


Contact Jake Skeen

Bayleys Real Estate Ltd, South Auckland, Licensed under the REA Act 2008

027 636 5650   jake.skeen@bayleys.co.nz   All Listings

Jacob Skeen brings a high-performance mindset and a genuine, people-centred approach to Bayleys South Auckland Commercial team, specialising in Industrial Sales and Leasing.

After a successful professional rugby career - including playing for the Māori All Blacks and seven years with the Black Rams in Tokyo - Jacob has transitioned into real estate to channel his drive, discipline, and team-first ethos into helping clients achieve their goals. His background in high-performance sport has shaped his approach: meticulous preparation, resilience under pressure, and an unwavering commitment to delivering on promises.

Jacob holds a Bachelor of Management Studies with a double major in Marketing and Strategic Management from Waikato University. This academic foundation strengthens his understanding of business needs and effective communication - skills that complement his practical, solutions-focused mindset.

Drawn to the industrial sector for its dynamic, fast-moving nature, Jacob thrives on solving the “puzzle” each property presents, whether it’s unlocking potential in an underused asset or matching a business with the right site for growth. He values Bayleys’ strong reputation in the industrial space and their culture of collaboration and long-term relationships - values that mirror his own approach to client service.

Beyond work, Jacob is a devoted family man, proud father to a two-year-old daughter with another child on the way. He’s passionate about personal growth, fitness, and the outdoors, whether he’s running trails, surfing, or exploring with his family. Jacob is also committed to his community, having coached rugby at various levels and supported organisations such as Cure Kids, Harbour Hospice, and Big Buddy.

A firm believer in lifelong learning and building genuine relationships, Jacob treats every conversation as an opportunity to listen, learn, and add value. Clients can expect an advisor who is approachable, prepared, and fully invested in their success - just as he was for every team he’s been part of.