321 Ti Rakau Drive, Burswood, Auckland Premium high profile investment opportunity
TweetAvailable PropertyFiles:
- /Information Memorandum/
- Ti Rakau Drive 321_Approved IM_Oct 2024.pdf
- /LIM Report/
- Ti Rakau Drive 321_LIM Report_Nov 2024.pdf
- /Lease Documents/
- Lease Documentation.zip
- /PropertyFiles/
- Ti Rakau Drive 321_Property File.zip
- /Record of Title/
- Ti Rakau Drive 321_Title_19.09.2024.pdf
Property Description
Key features:• Strategic position on Ti Rakau Drive with excellent visibility and high traffic count
• Fully leased to Sydney Tools and Auckland Marine Centre returning a combined net rental of $829,915.40pa + GST, providing strong investment appeal
• Established surroundings, located between the East Tamaki industrial precinct and Botany Town Centre
This dual tenancy structure diversifies the income stream, mitigating risk and ensuring a consistent return for investors, while the review mechanisms provide annual rental growth.
The property enjoys prominent exposure along one of East Auckland’s key arterials, benefiting from high traffic flow and excellent brand exposure. Following substantial tenant and landlord investment and upgrades, the modern building includes road-front parking, expansive showroom areas, and office facilities.
With high-profile national and international occupiers in the surrounding area, this asset is strategically positioned within a strong retail catchment, offering future growth potential. 321 Ti Rakau Drive presents a compelling choice for discerning investors seeking a hands-off, split-risk property in a sought-after location.
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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.