2A Swamp Kauri Grove, Papakura New building, 10-year WALT, Takanini

Available PropertyFiles:

  • 02. Deed of Leases.zip
  • 03. BWOF.zip
  • 04. OPEX.zip
  • 05. Centre Rules.zip
  • 07. Landlord chattels.zip
  • 08. Measurement Survey.zip
  • 2A Swamp Kauri Grove_IM_09.01.2024.pdf
  • PropertyFiles.zip
  • Swamp Kauri Grove 2 Unit A_Approved sale and purchase.pdf
  • Swamp Kauri Grove 2 Unit A_LIM Report_November 2023.zip

Property Description

• Modern construction with outstanding amenities completed in 2022
• Substantial tenant fitout in busy centre with tenants trading well
• Weighted average lease term (WALT) of 10 years
• Currently returning $181,554pa + GST and OPEX from three tenants
• 100% plus NBS-rated structure, and multiple builder warranties still in place
• Standalone retail building spanning 327sqm (approximately) on 883sqm (more or less) freehold land
• Zoned Residential - Mixed Housing Urban Zone

Placed in the heart of the fast-growing McLennan Takanini area, this property benefits from a bustling residential community. It's the only commercial spot in the entire McLennan development area, promising less competition and a captive market.

Fully leased to three tenants, generating an annual net rent of $181,554pa + GST and OPEX. Fixed rent growth ensures a reliable income source.

High-quality structure, builder warranties, and substantial investment from tenants in high-quality tenant fitout promise low-hassle ownership and minimal maintenance. Dedicated on-site parking adds to the property's appeal, ensuring easy access for customers and tenants.

This high-quality, modern retail development offers an opportunity for investors seeking a stable income stream and potential long-term growth. Its strategic location, exclusive commercial zoning, secured leases, fixed rental growth, and emphasis on quality and convenience make it an enticing prospect in the vibrant and expanding McLennan Takanini residential area.

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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.