23 Toiawaka Road, Drury Brand new 12year lease to Genesis Energy

Available PropertyFiles:

  • /Information Memorandum/
    • Toiawaka Drive 23_Information Memorandum_June 2026.pdf
  • /Insurance/
    • Insurance.zip
  • /LIM Report/
    • LIM (1).zip
  • /Lease Documents/
    • Lease Documentation.zip
  • /Outgoings/
    • Outgoings schedule.zip

Property Description

Key Features
• Brand new 12-year lease to NZX-listed tenant Genesis Energy
• Returning net of $376,383pa plus GST with built in rental growth
• Substantial freehold 5,000sqm (more or less) site with significant Tenant improvements in place
• Strategically located in a fast-growing precinct with multiple multi-nationals
• Bottom draw investment with attractive long-term fundamentals

Opportunities to secure long-term income backed by a nationally recognised corporate tenant are increasingly rare.

This investment is underpinned by a substantial net rental of $376,383 per annum plus GST and outgoings, with built in rental growth. Secured by a new 12-year lease to Genesis Energy, one of New Zealand's largest listed companies with significant Government ownership, the attractive lease profile and minimal management requirement of this property offers investors security in an uncertain economic environment.

Whether you are seeking reliable income, portfolio diversification, or a long-term hold with institutional-grade tenant strength, this asset warrants serious consideration.

Please fill in the form below and we'll email you a link to download the PropertyFiles, instantly.


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 Manmeet Singh

Bayleys Real Estate Limited

Licensed under the REA Act 2008

+64 20 402 74142   +64 20 402 74142   manmeet.singh@bayleys.co.nz   All Listings

Manmeet Singh is a commercial sales and leasing broker based in Bayleys’ South Auckland office, specialising in investment, industrial, office, and retail property. He works alongside leading investment specialist Tony Chaudhary, supporting the sale and acquisition of commercial assets across the Auckland region.

With a background in accounting, finance, and taxation, Manmeet brings a practical understanding of cash flow, yield, and lease structures. His experience in financial analysis allows him to look beyond surface-level metrics and help clients understand how their property is performing and where value can be created, supporting well-informed long-term decisions.

Raised in Bahrain and now established in Auckland, Manmeet works with a diverse client base and speaks five languages, enabling him to communicate effectively across cultures and build strong, lasting relationships. He is known for his consistent follow-up, reliability, and detail-driven approach to transactions.

Outside of work, Manmeet has a strong interest in aviation and is undertaking flying training. He stays active through football and MMA and maintains a disciplined routine around fitness and personal development, reflecting his structured and long-term approach to his career.