Available PropertyFiles:

  • /Body Corporate Information/
    • BC 444147 AGM Minutes 2016.pdf
    • BC 444147 AGM Minutes 2017.pdf
    • BC 444147 AGM Minutes 2018.pdf
    • BC 444148 AGM Minutes 2019.pdf
    • BC 444148 BC Rules (current & registered) 281118.pdf
    • BC 444148 Levy Statement - PU19.pdf
    • BC444147 Levy Statement - PU18 & PU19 2.pdf
    • Bank Guarantee Unit 9 26.2.19.pdf
    • MD - COI for all 3 BC's - expires 31.03.19.pdf
    • S146 - PCDS - PU19.pdf
  • /LIM Report/
    • Wellington Street 9-10_LIM Report_15.04.19.pdf
  • /Lease Documentation/
    • Deed of Lease 5.3.19.pdf
    • Tenancy Schedule.pdf
  • /Pre-Contract Disclosure Statement/
    • CCE_000019.pdf

Property Description

• Stratum in Freehold unit in a busy and popular Howick mixed use complex
• Investment returning $54,300 pa plus GST and outgoings
• Tenant established 2001
• Assured rental growth
• Ample council car parking in front and to the side of the development

The property forms part of a modern, mixed use, retail and residential development completed circa 2010-2011 of thirteen retail units and 34 apartments at The Terraces, 10 Wellington Street, Howick.
With a four year lease in place to Natural Spirit Ltd trading as The Natural Health Company this is a rare, hands-off and eminently affordable investment opportunity.

The unit has excellent passing foot traffic passing and other successful and well established business in close proximity. There is easy access to car parks, Picton Street, movie theatres, destination medical specialists, service reatilers and numerous food and beverage businesses all established to serve the surrounding residential suburbs of Howick, Half Moon Bay, Bucklands Beach and Botany.
This tenant and investment are well suited to established and first time investors

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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 Geoff Wyatt

Bayleys Real Estate Limited

Licensed under the REA Act 2008

021 982 322   geoff.wyatt@bayleys.co.nz   All Listings

Geoff Wyatt joined Bayleys Real Estate in 2005. Since that time, Geoff has completed lease and sale transactions valued in excess of $25 million. In 2010 Geoff completed deals which placed him in the “Top 20” Commercial & Industrial agents in Bayleys Realty Group.

Geoff concentrates his efforts on knowing the South and East Auckland retail and commercial market; the landlords, tenants, investors, brokers and developers. Geoff specialises in all aspects of commercial real estate sales and leasing. He has expert knowledge of vacancies, rental and absorption rates of retail and office space in the area.

Prior to joining Bayleys Geoff spent thirty years in the fashion industry where he learnt that “customer service is key”, knowledge he has brought to his real estate career and the mantra for his business.

Geoff’s success stems from his diligent service, problem solving skills, and strong commitment to his clients.

“The formula is very simple; I make vendors, landlords and tenants my priority. I listen to them and visit them on a regular basis to understand their current and future needs. When it comes time for my clients to make a decision, it is an easy process, because they trust my capabilities. They know that I will represent them fairly and successfully in their retail or office space needs.”