227 Apirana Avenue, Glen Innes Exceptional tenant mix and growth potential

Available PropertyFiles:

  • CT.pdf
  • IM - Apirana Ave, 227 (final).pdf
  • LIM Report.pdf
  • Property files.zip

Property Description

Key fetaures:
• Profile freehold investment with exceptional WALT of 14 years (approximately)
• Returning $370,460pa plus GST and anchored by international and local tenants
• Strategic main road position now home to many national and international brands
• Strategic 1,512sqm (more or less) landholding with development intensive zoning provides future upside

Positioned in the heart of Glen Innes' intensifying commercial hub, this fully leased investment combines secure long-term income with future add-value potential. Anchored by global household names Burger King and Starbucks, the property delivers $370,460pa + GST (net) with a WALT of 14 years and built-in growth.

The substantial 1,512sqm freehold site enjoys commanding frontage to one of East Auckland's busiest arterials, surrounded by major brands capitalising on strong residential growth. With Business - Town Centre zoning and a 32.5m height allowance (subject to Consent), the under-utilised landholding offers exceptional redevelopment potential.

Whether land banking, holding for income, or unlocking future development, this rare offering ticks every box for astute investors. Call us now!

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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.