25 Bairds Road, Otara, Auckland Government tenant - secure income

Available PropertyFiles:

  • Building WOF.zip
  • City Multi Commissioning Report.zip
  • Compliance Schedule.zip
  • Expenses.zip
  • Information Memorandum.zip
  • LIM Report.zip
  • Lease documentation.zip
  • Policy Schedules.zip
  • Property File.zip
  • Record of Title.zip

Property Description

Key features
• Long-term lease to His Majesty the King - commenced 2012
• Returning $585,238.40pa gross + GST, with fixed three-yearly increases
• Well-presented tenant in a custom-fitted property
• Astute investors seeking Crown-backed assets must investigate
• Standalone 1,065sqm building on 4,502sqm of freehold land

This modern property leased to the Department of Corrections is being offered for sale, presenting a rare opportunity to acquire a freehold investment underpinned by His Majesty the King as tenant.

The building comprises an immaculate office fit-out and boasts sixty-five (65) car parks. Having been in occupation since 2012, the tenant is well entrenched with good tenure remaining, including further renewals.

Located just south of the Highbrook off-ramp and close to DB Breweries, this established industrial/commercial precinct is a growth catchment with future 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

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.