Unit 2, 3 William Pickering Drive, Albany, North Shore City Tenanted investment in strategic Albany location

Available PropertyFiles:

  • /A. Record of Title/
    • NA81B_170_Title_Search_Copy.pdf
  • /B. LIM Report/
    • William Pickering Drive 3 Unit 2 LIM.pdf
  • /C. Lease Documentation/
    • Deed of Assignment of Lease.pdf
    • Deed of Lease - Tyre City Albany Ltd.pdf
    • Deed of Renewal of Lease - Gerald Wheel Ltd.pdf
    • Deed of Variation of Lease - Gerald Wheel to Tyre City NZ Ltd.pdf
  • /D. Body Corporate/
    • Body corporate rules.pdf
    • Body corporate rules.pdf
    • Long term maintenance plan.pdf
    • Notices, Minutes & Supporting Documents Year Ended 31 January 2023.pdf
    • Notices, Minutes & Supporting Documents Year Ended 31 January 2024.pdf
    • Notices, Minutes & Supporting Documents Year Ended 31 January 2025.pdf
    • S146 Pre-contract disclosure statement- BC 137086 Unit B.pdf
  • /F. Information Memorandum/
    • William Pickering 3 Unit 2_ Information Memorandum.pdf

Property Description

Investment Highlights
• Established tenant Tyre City Albany, a reputable long-term occupier providing reliability and stability
• Secure rental income $98,000pa + GST and outgoings with upside on market reviews
• Rental bond in place, offering additional security to investors
• Excellent connectivity to Northern & Western Motorway links and major arterial routes
• Well presented and functional premises designed to appeal to a broad tenant base
• Low-maintenance, hands-off investment – ideal for passive investors or portfolio diversification

Unit 2, 3 William Pickering Drive represents a quality commercial investment underpinned by an established and reputable tenant in a highly sought-after business location.

Situated in the heart of Albany’s thriving business and commercial precinct, the property enjoys excellent profile and connectivity, positioned amongst a range of national and international occupiers. Its location ensures ongoing demand from businesses seeking to establish themselves in one of Auckland’s fastest growing commercial hubs. Currently leased to a proven and well-regarded operator, the property offers investors a secure rental income stream, backed by a rental bond for added peace of mind. With rental growth on future reviews, purchasers have the ability to benefit from both immediate returns and long-term upside.

The premises is well presented and functional, designed to suit a wide range of occupiers, further underpinning the property’s future leasing security. Investors will appreciate the “hands-off” nature of this opportunity, a strategic addition to any portfolio seeking exposure to Albany’s strong fundamentals and continued growth.

Albany continues to be one of Auckland’s strongest commercial growth areas, benefitting from significant public and private investment in infrastructure, retail, education, and residential development. Businesses are drawn to the area’s accessibility and amenity, ensuring sustained tenant demand and rising rental levels over the long term.

This property provides investors with the rare opportunity to secure a proven income stream today, with the additional benefit of rental growth into the future. A combination of location, covenant strength, and investment fundamentals make this an offering not to be overlooked.

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Contact Ranjan Unka

Bayleys Real Estate Limited

Licenced under the REAA 2008

+64 9 489 0988   +64 21 711 755   ranjan.unka@bayleys.co.nz   All Listings

Ranjan has been a Commercial and Industrial salesperson since 2007. During this time he has negotiated a significant number of sales and leasing transactions on the North Shore.

With over 15 years of sales and marketing experience in both retail and wholesale he certainly knows what it takes to become a successful salesperson.

As Director and Manager of the investment team for the North Shore Commercial office, Ranjan prides himself in providing a high standard of service to his clients. Along with his easy going personality he also demonstrates strong people skills and work ethics. He has developed a depth of experience through the many transactions he has negotiated which is valued by his many clients. Ranjan’s focus is selling Commercial and Industrial Investment properties in the greater North Shore area.