Units 1 and 2, 4 The Grange, Fairwater Road, Warkworth Secure national tenant with built-in rental growth

Available PropertyFiles:

  • Information Memorandum - Units 1 and 2 - 4 Fairwater Rd.pdf
  • Lease Documents.zip
  • The Grange Body Corporate Rules - Feb 17.zip
  • Titles.zip

Property Description

4 Fairwater Road, comprised of units 1 and 2, form a modern 119.1 sqm (approx.) commercial tenancy within The Grange—a high-performing convenience and services hub in Warkworth. The two unit titles have been combined to create an open-plan hair salon for national brand VIVO, delivering a reliable net income with upside locked in.

INCOME AND LEASE
•Net rental: $53,000 p.a. + outgoings + GST
•Tenant: VIVO (national hair salon brand)
•In occupation since new (2017)
•Recent four year renewal now in place plus 3 further rights to renew (final expiry March 2035)
•Annual 3% rent increase April 2026

PROPERTY HIGHLIGHTS
•119.1 sqm (approx.) floor area across two unit titles—modern construction, low maintenance
•Quality, open-plan layout occupied by an established national operator
•Excellent on-site customer parking and pedestrian-friendly footpaths
•Prominent position within The Grange alongside BP, McDonald's, Tank, St Pierre's Sushi, Queen St Kebabs, and professional services (dentist, recruitment, gyms)
•Dual titles offer potential future flexibility (subject to approvals)

As interest-rate pressures ease and lending conditions improve, now is a compelling time to secure a cashflow-backed commercial asset in a growth market. Warkworth's long-term fundamentals remain strong, with the permanent population projected to reach around 25,000 by 2050-driving sustained demand for everyday services and convenience retail. This favourable funding backdrop, paired with Warkworth's expansion and infrastructure momentum, positions the property as a timely, income-focused opportunity with built-in growth.

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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.

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.