100 Kerwyn Avenue, East Tamaki Auckland Portfolio Divestment

Available PropertyFiles:

  • /A. Record of Title and Interests/
    • DP_209516_Title_Plan.jpg
    • DP_326090_Title_Plan.jpg
    • Interest - 11061177_3.pdf
    • Interest - 12766427_1.pdf
    • Interest - 5877644_2.pdf
    • Interest - B774313_3.pdf
    • Interest - D678817_1.pdf
    • Kerwyn Avenue 100_title_NA68D_787.pdf
  • /B. LIM Report/
    • Kerwyn Avenue 100_LIM Report.pdf
  • /C. Auckland Council files/
    • Kerwyn Avenue 100 - Auckland Council Files.zip
  • /D. Lease Documentation/
    • Kerwyn Avenue 100 - Deed of Variation of Lease Mr Chips - 17.03.2018.pdf
    • Kerwyn Avenue 100 - Deed of Variation of Lease Mr Chips - 08.05.2018.pdf
    • Kerwyn Avenue 100_17834886-1_Deed of Lease (Part 1) - with date.pdf
    • Kerwyn Avenue 100_BNZ Bank Guarantee 100 Kerwyn Avenue.pdf
    • Mr Chips - 202526 Annual Rent Review.pdf
  • /E. Other Reports/
    • Kerwyn Avenue 100 - D26 Overlay.pdf
    • Kerwyn Avenue 100 - DSI Report.pdf
    • Kerwyn Avenue 100 - ISA Report.pdf
  • /F. Information Memorandum/
    • Kerwyn Avenue 100_Information Memorandum_August.pdf

Property Description

• A substantial industrial investment in one of Auckland’s industrial hubs
• Triple-net-lease with fixed rent reviews
• Bank guarantee for 24 months rent and outgoings
• Significant landholding of 2.6174 hectares zoned Light Industry

100 Kerwyn Avenue is a substantial industrial landholding of over 2.6 hectares in East Tamaki’s established industrial hub, underpinned by a strong triple net lease to Mr Chips Limited through to 2032 with one right of renewal. The lease includes a 24-month bank guarantee, providing investors with income security and fixed rental growth. The property comprises 9,340sqm of improvements across two (2) manufacturing buildings, freezer and chiller facilities, grading areas, and office accommodation, with access via three (3) street crossings from Kerwyn Avenue. Due to a change in the vendor's circumstances, this property forms one of four portfolio properties to be sold individually, together or in any combination offered for sale by tender (unless sold prior).

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Terms of Supply

The following information has been supplied to Bayleys Real Estate Limited (“Bayleys”) to be made available to any prospective interested parties for general information purposes only.
Bayleys and the Vendor do not warrant the accuracy or completeness of the information and recommends that all recipients make their own enquiries to their satisfaction in all respects and seek their own independent expert advice.

Contact Michael Nees

Bayleys Real Estate Limited

Licenced under the REAA 2008

+64 9 489 0963   +64 21 182 3085   michael.nees@bayleys.co.nz   All Listings

Michael is a Senior Broker at Bayleys Commercial on the North Shore. Specialising in Investment Sales, Michael has concluded in excess of $200 million of transactions of this nature and has been a top 5 Broker at Bayleys North Shore for the last 3 years.

Recognised as one of the leading Investment Sales Brokers across all agencies on the North Shore, Michael has amassed numerous accolades in his career including membership to a distinguished national group of brokers under the age of 35 to achieve specific key performance indicators.

This blend of experience and results combined with a youthful passion and enthusiasm for his work has produced an impressive track record of record prices/yields and a reputation for being able to conclude some of the most challenging transactions in the market in recent memory.

Michaels philosophy is simple, to add value to his clients transactions by any ethical means necessary. Armed with a Degree in Property Valuation and Management and a determined and tenacious nature this often involves going beyond the “extra mile” to achieve the best outcome for his valued clients.

Michael has a proud North Shore heritage being a Rangitoto College and Massey University alumni and is passionate about the future of the region.


Contact Matt Mimmack

Bayleys Real Estate Limited

Licenced under REA 2008

+64 21 229 5878   matt.mimmack@bayleys.co.nz   All Listings

With over eighteen years specialising in selling and leasing North Shore Industrial Real Estate, Matt has been the influential catalyst of a number of large transactions in the area and throughout the country.

Appointed Director of Bayleys Commercial North Shore with management experience, Matt has the knowledge and experience to assist you with your commercial requirements. Priding himself on uncompromised standards Matt has an ability to deliver exceptional results for his clients.

This has carried through to being the North Shores top commercial agent for the last seven years with over 600 million dollars worth of sales concluded to date.

Being an avid sportsman with drive and a will to win, Matt has all the attributes of a successful Agent to achieve the best results for you.

Achievements:
Bayleys Top Achiever Trips 2014 – 2019
Bayleys High Achiever 2024/2025
Bayleys Top 10% 2015
Bayleys Top 5% 2016 - 2022
Bayleys BRE Top Achiever Trip 2017 & 2023
Bayleys North Shore Commercial Top Agent for 2017 - 2024