3091 Great North Road, New Lynn Fully tenanted freehold investment

Available PropertyFiles:

  • CT - 3091 Great North Rd, New Lynn.pdf
  • Great North Road 3091_Information Memorandum.zip
  • IEP Report.zip
  • LIM Report 18.01.2024.zip
  • Lease Docs.zip
  • Property files.zip

Property Description

• Prime freehold 1,012sqm (more or less) site in the commercial centre of New Lynn
• Split tenancy Retail/ offices returning approximately $138,000.00pa + GST
• Zoned Business - Metropolitan Centre great land bank for the future

The seven tenancies are returning a total of approximately $138,000.00pa + GST with a balanced mix of retail, hospitality and office tenants. The ultimate split-risk investment for the new owner with the eye to the future, the property is well suited for any add value investors, landbankers and developers looking to position themselves within prosperous West Auckland.

Located in walking distance to/from LynnMall and the train station, this retail block is advantaged by high levels of passing car traffic and commuters alike.Furthermore, the opportunity provides connectivity and accessibility to adjacent retail and commercial precincts, Central Auckland and much much more.

Zoned Business Metropolitan Centre for future development opportunities, the property is positioned within the heart of developing and thriving New Lynn with residential apartments in the vicinity and future residential developments marked for the area. The height allowance of up to 72.5m will provide flexibility and opportunities to the new owner.

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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.