Available PropertyFiles:

  • Kelston Mall Information Memorandum FINAL_at_at_aug_27.pdf
  • Kelston Turnover.xlsx
  • /CAPEX/
    • 23098_KelstonDriveThroughRetaining Wall.pdf
    • Budget Estimate for Kelston Woolworths Roof Repairs.pdf
    • Countdown Kelston - Cladding Pricing_ Revised_.msg
    • HVAC Replacement - Kelston Countdown - Budget.msg
    • Kelston McDonalds - Site Emergency Response Plan.pdf
    • Kelston McDonalds_SSSP Harrier 23-06-23.pdf
    • Keltson McDonalds_Hazard Register.pdf
    • QUOTE_6505.2_Bayleys Property Services Ltd_Kelston Countdown.pdf
    • QUOTE_6505.4_Bayleys Property Services Ltd_Kelston Countdown.pdf
  • /Debtors Report/
    • Kelston Mall - Debtors Report.pdf
  • /Floor Plans/
    • 20 04 Mall Plan from PMG.xlsx
    • K_ATMs.pdf
    • K_Countdown.pdf
    • K_McDonalds.pdf
    • K_Shop 11.pdf
    • K_Shop 12.pdf
    • K_Shop 12A.pdf
    • K_Shop 12B.pdf
    • K_Shop 12C (AKA 13).pdf
    • K_Shop 14-15.pdf
    • K_Shop 16.pdf
    • K_Shop 17.pdf
    • K_Shop 18.pdf
    • K_Shop 19.pdf
    • K_Shop 2.pdf
    • K_Shop 20.pdf
    • K_Shop 20A (AKA 20B).pdf
    • K_Shop 21.pdf
    • K_Shop 22A (AKA 22).jpeg
    • K_Shop 22B.pdf
    • K_Shop 24.pdf
    • K_Shop 3B.pdf
    • K_Shop 4.pdf
    • K_Shop 5.pdf
    • K_Shop 7.pdf
    • K_Shop 8.pdf
    • K_Shop 9 & 10.pdf
    • Kelston Floor Plan.PNG
    • Kelston Mall Shops 09_10_11_ Option 2 030322.pdf
    • Kelston Mall Shops 09_10_11_Option 1 030322.pdf
    • Shop 22A Plan.pdf
  • /LIM Report/
    • LIM - Kelston Mall.pdf
  • /Lease Documentation/
    • Lease Documents.zip
  • /OPEX/
    • Insurance.pdf
    • Schedule of Contracts.xlsx
    • YE25 Kelston OPEX Budget -V2.xlsx
  • /Pertinent Reports/
    • 12A Certs.pdf
    • 2-18 West Coast Road Kelston _IEP Report_Final Rev.B.pdf
    • BWOF.pdf
    • Kelston Asbestos Register.pdf
    • Kelston Asbestos Site Plans.pdf
    • Kelston Mall Asbestos Management Survey.pdf
    • McDonalds KM Asbestos Management Survey.pdf
  • /Record of Title & Memorials/
    • Easement Certificate K117382.pdf
    • Interest 038218.1.pdf
    • Record of Title.pdf
  • /Resource Consent/
    • 1862 Transfer Resource Consent.pdf
    • LUC60313588 Approved Consent Conditions.pdf
    • PR2009_0113802_002 - PREVIOUS RESOURCE CONSENT - LUC-2005-192 INSTALL ADDITIONAL EQUIPMENT CABINETS .pdf
    • PR2009_0113803_002 - PREVIOUS RESOURCE CONSENT - LUC-2003-362 INSTALL & REPLACE ANTENNA.pdf
  • /Sales Figures/
    • #201 sales certificate.pdf
    • 9146 '20.pdf
    • 9146 '21.pdf
    • 9146 '22.pdf
    • 9146 '23.pdf
    • Kelston Mall Mcdonalds turnover 2024.xlsx
    • Kelston Mall Woolworths turnover 2024.pdf
    • Kelston Monthly Sales 23.xlsx
  • /TDD Report/
    • TDD Report Kelston Mall Glen Eden Auckland NZ.pdf
  • /Tenancy Schedule/
    • Kelston Tenancy Schedule.pdf

Property Description

Kelston Mall has been a prominent community hub since 1964 and has been significantly expanded and refurbished since. Anchored by some of New Zealand’s best known brands including Woolworths, a stand-alone drive-through McDonald's, Pizza Hutt, Subway, Tank plus a Mobil service station, the centre provides well established income with plenty of opportunity for growth and future development.

Benefiting from extensive dual road frontage to two major arterials and just a 20-minute drive from the CBD, the centre lies in the heart of the historically significant suburb of Kelston in Auckland’s western suburbs. With 30% population growth expected in the centre’s primary catchment area over the next 30 years, Kelston Mall is exceptionally well positioned to take full advantage of future zoning changes to provide greater development density.

Investment Highlights:
• Strong income growth and development potential
• Over 52% of income derived from Woolworths, McDonalds and Mobil
• 290m of prime corner road frontage
• Diversified tenancy mix - grocery F&B, medical & childcare
• Over 2.1ha land (more or less) and 7,729sqm ground floor area (approximately)
• Net passing income $2.34m per annum (approximately)

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Terms of Supply

By accepting the information contained in this PropertyFile, I acknowledge I have read, understood and accepted the terms on which the information is made available.
1. Where information is supplied by the agent to customers, the information is information in possession of the Vendor(s) that the Vendor(s) are making available to the customer without endorsement.
2. No representation is made by the agent or the Vendor(s) as to the accuracy, or to the reliability, of any information made available to the customers.
3. The customer will seek such advice and explanation the customer may require from an independent specialist of their choosing.
4. Should the purchaser decide not to obtain their own specialist advice, they are deemed to have satisfied themselves on all aspects of the property and are buying solely in reliance on their own judgement and contrary to the recommendation of the agent.
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*Source: Owner, CERA, Local council, Environment Canterbury, RPNZ, Property Guru, EQC
This information has been supplied by the vendor or the vendor's agents. Accordingly Next Step Realty Limited is merely passing over the information as supplied to us by the vendor or the vendor's agents. We cannot guarantee it's accuracy and reliability as we have not checked, audited, or reviewed the information and all intending purchasers are advised to conduct their own due diligence investigation into the same.

Contact Ryan Johnson

Bayleys Real Estate Ltd

Licenced REAA 2008

021622278   charlie.tudehope@bayleys.co.nz   All Listings

As National Director Commercial at Bayleys Real Estate, it could be said that Ryan Johnson’s experience is second to none.

With over 25 years in real estate and funds management across New Zealand, Asia Pacific and the UK, Ryan heads Bayleys’ Commercial Real Estate business and Capital Market teams. This brings together New Zealand’s largest commercial agency with 240 brokers transacting over 2,400 deals worth in excess of $3.4 billion.

Through his local and offshore experience, Ryan has cemented relationships with investors, fund managers, government, local authorities, large corporate institutions, financial advisors, commercial trading banks and high net wealth individuals. These complement his more recent task of managing the Bayleys’ Knight Frank agency partnership.

In October 2018, Bayleys acquired Knight Frank New Zealand to provide clients with access to its global network. This conglomerate now provides global reach for local clients looking for offshore buyers or tenants, as well as assisting global investors to invest locally across a range of cities and sectors.

Ryan has brokered in excess of $2 billion of transactions, allowing him to confidently manage Bayleys’ extensive Commercial & Industrial division covering 15 offices nationwide.

A member of the Bayleys Executive team, Ryan’s combination of experience, market knowledge and both international and local reach is matchless. With an open and amiable approach, he is in a unique position to assist clients with getting the best outcome across a full service of commercial capability.