364-368 Onehunga Mall, Onehunga Onehunga investment on 1,624sqm landholding

Available PropertyFiles:

  • Nurture - Onehunga Lease - deed of renewal - SIGNED 28 Feb 25.pdf
  • Onehunga Mall, 364-368 - IEP Report.zip
  • Onehunga Mall, 364-368 - Information Memorandum.zip
  • Onehunga Mall, 364-368 - LIM Report.zip
  • Onehunga Mall, 364-368 - Lease Documents.zip
  • Tender COS - Onehunga Mall, 364-368.pdf

Property Description

• Well leased commercial investment providing an attractive cashflow of $194,728pa + GST (net)
• Established anchor tenant has recently committed to further 10-year lease term
• Underpinned by 1,624sqm freehold land with development intensive zoning
• Strategic central position in Onehunga which has seen growth and transformation

Fully leased to two tenants on well-structured leases with built in rental growth. The anchor tenant is an early learning centre licenced for 75 children with two other centres in Auckland. They have been operating from the property for 10 years and recently exercised their next 10-year renewal, demonstrating their commitment to the property and its tactical location. They are complemented by a music studio, including children's lessons, on the first floor.

This investment is supported by its high-profile, 1,624sqm freehold site with intensive zoning promoting future development and intensification. Onehunga has seen extensive growth as well as infrastructure betterment, set to continue with Auckland Council having identified Onehunga as a priority growth area.

This property combines cashflow from a proven long-term tenant, a large underlying landholding and a strategic central Onehunga position - call now.

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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.