227 Apirana Avenue， Glen Innes Exceptional tenant mix and growth potential

Available PropertyFiles:

  • /Certificate of title/
    • CT.pdf
  • /LIM Report/
    • LIM Report.pdf
  • /Property Files/
    • Property files.zip

Property Description

• Profile freehold investment with exceptional WALT of 14 years (approximately)
• Returning $370,460pa plus GST and anchored by international and local tenants
• Strategic main road position now home to many national and international brands
• Strategic 1,512sqm (more or less) landholding with development intensive zoning provides future upside

Positioned in the heart of Glen Innes' intensifying commercial hub, this fully leased investment combines secure long-term income with future add-value potential. Anchored by global household names Burger King and Starbucks, the property delivers $370,460pa + GST (net) with a WALT of 14 years and built-in growth.

The substantial 1,512sqm freehold site enjoys commanding frontage to one of East Auckland's busiest arterials, surrounded by major brands capitalising on strong residential growth. With Business - Town Centre zoning and a 32.5m height allowance (subject to Consent), the under-utilised landholding offers exceptional redevelopment potential.

Whether land banking, holding for income, or unlocking future development, this rare offering ticks every box for astute investors. Call us now!

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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 Karen Yung

Karen Yung

C&I Broker, Asian Markets

09 309 6020   022 187 3878   karen.yung@bayleys.co.nz   All Listings

Born in Hong Kong, raised and educated in New Zealand. After graduating from the University of Auckland, she went aboard and has worked for a number of listed property developer in Hong Kong and has first-hand appreciation of the challenges before concluding a successful deal amidst various economic situation. Karen has acquired more than a decade of retail leasing experiences which has enabled her to accumulate valuable business and brand networks as well as insightful Asia market knowledges. Determined, agile and gritty are just some of the hallmarks of Karen. She is multilingual, speaking fluent English, Cantonese and Mandarin. Passionate toward serving clients of all ethnicities and leveraging off her established connections and networks locally and internationally, she is determined to deliver unparalleled customer service and results. She is humbled to work alongside the industry’s top performers in Bayleys and Karen brings to her role a proactive and enthusiastic approach while making it her business to understand her client requirements and expectations. Karen’s strong communication, negotiation and influencing skills along with her ability to find creative and conducive solutions for clients, puts her in good stead for her role in commercial property and she looks forward to assisting her clients in achieving their property and investment ambitions every step of the way.


Contact James Chan

James Chan

Director, Aisan Markets

09 375 8458   021 934 054   james.chan@bayleys.co.nz   All Listings

James Chan has been specialising in the sale of commercial property for nearly 30 years and is the first salesperson among Bayleys Real Estate’s nationwide commercial and industrial team to have achieved gross sales of more than $1 billion, placing him within an elite group of high achievers within the industry.

James is head of Bayleys’ Auckland-based international sales division, a team of multilingual salespeople specialising in servicing the property requirements of both offshore and local South East Asian investors.

James has been a top performing salesperson for many years, winning both Bayleys and the Real Estate Institute Salesperson of the Year (REINZ) awards on numerous occasions. Most recently, he was winner of Bayleys’ nationwide top auction agent award for 2011/2012; winner of Bayleys’ national top commercial and industrial salesperson award in 2011/2012 and runner up in 2012/2013; and runner up in REINZ national salesperson of the year award for 2011/2012. Bayleys Top Achievers status every years for the past 30 years.

Born in Hong Kong, James is fluent in Mandarin and Cantonese as well as English and says his “rich cultural base” gives him a point of difference in the marketplace. “I try to bridge the Kiwi and Asian way of thinking, acting as a mediator between the two. I always try and create an outcome that produces a win-win for vendors and buyers.”

In the time he has worked for Bayleys, James has built up a vast network of contacts both within New Zealand and throughout Asia. These not only include investors but also banks and financiers, lawyers, immigration consultants and other professionals. Due to "word of mouth" and as the result of numerous successful transactions over many years, James has built a level of trust and reputation which means clients personally seek out his advice.