27 East Tamaki Road, Papatoetoe Solid investment, inspired location
TweetAvailable PropertyFiles:
- East Tamaki Road 27_IEP Report.pdf
- LIM Report.zip
- PropertyFiles.zip
- Seagars 2023 Market Valuation.pdf
- /Lease Documents/
- 27 East Tamaki Deed of Renewal of Lease Signed.pdf
- 5. East Tamaki Road 27_Lease Docs_23.08.2021.pdf
Property Description
A quality tenanted investment is on offer here, with a strong tenant who has been located here for many years and is keen to stay. This offering will appeal to investors looking for a building in a prime location and scope to increase their passive income.The building is occupied by Aotea Finance with a current net rental of $138,000 + GST per annum with a rent review due on the 1st February 2025. The current lease has a final expiry of 31 January 2028 if all renewals are exercised.
A total freehold parcel of land measuring 736sqm (more or less) with approximately ten carparks at the rear accessed via a rear accessway and six car parks at the front. The building covers two levels with a floor area of 720sqm (more or less). Solid construction with concrete block walls and steel roof combine to make this a low maintenance investment. C grade earthquake rated building (48% NBS).
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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.
It is no surprise due to the continuing growth of the business that Tony is now supported by Janak Darji, Gaurav Minhas and Manu Pundir who each bring their own wealth of knowledge and expertise to the team. Tony’s proficiency in Hindi, Punjabi, and English, plus an understanding of Gujarati, allow him to gain people’s confidence and give him the edge in negotiations. Janak also speaks Gujarati and Gaurav also speaks Punjabi, Hindi and Fiji-Hindi.
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.
Contact Lalit Arya
Bayleys Real Estate Ltd, Manukau
Licensed under the REA Act 2008
021 022 2309 lalit.arya@bayleys.co.nz All Listings
I am Lalit Arya, an accomplished and driven professional specializing in commercial sales and leasing, with a focus on Industrial, Retail, and Office spaces. My journey into real estate began in 2017 with Ray White, and I expanded my horizons into the dynamic world of commercial real estate in 2018 when I joined Macrae Property Brokers.
I take immense pride in my proven track record of success, having successfully closed numerous investment sales, many of which exceeded the $5 million mark. My commitment to excellence is unwavering, and I am dedicated to ensuring that my clients receive nothing less than outstanding service, consistently surpassing their expectations.
Beyond my professional life, I am deeply engaged in community service as the secretary of Rotary Manukau, an organization with a passionate mission to make a positive impact on the lives of others.
Being a family man, I cherish the delicate balance between my career and personal life. I am happily married and have the privilege of spending quality time with my two-year-old son. These moments with loved ones are my greatest treasures. When I'm not immersed in work or family life, I prioritize staying active and maintaining a healthy lifestyle.
Recently, I have embarked on an exciting new chapter in my career as an Investment Sale and Leasing Broker with Bayleys South Auckland. This move allows me to bring my wealth of experience and expertise to this renowned firm, further enhancing my ability to serve clients in the vibrant South Auckland area.