Available PropertyFiles:

  • 158-164 Richmond Rd, Grey Lynn Eng Summary.pdf
  • 158-164 Richmond Rd, Grey Lynn letter 0822.pdf
  • Approved Richmond Road 158-164_Sale and Purchase Agreement_29.08.22.pdf
  • Billboard Lease Agreement.pdf
  • Deed of Lease_Barber Shop & 164A Richmond Road (Residential Flat).pdf
  • Deed of Lease_Supermarket + 160A Richmond Road (Residential Flat) _August 2018.pdf
  • ISA - 158-164 Richmond Rd, Grey Lynn.pdf
  • Insurance Amount.pdf
  • Property File.zip
  • Residential Tenancy Agreement_Unit 162A Richmond Road.pdf
  • Residential Tenancy Letter_Unit 158A Richmond Road.pdf
  • Richmond Road 158-164_Information Memorandum_May 2023 (1).pdf
  • Richmond Road 158-164_LIM_18.07.2022.pdf
  • Richmond Road 158-164_Record of Title_05.06.2022.pdf

Property Description

• Freehold investment with diverse income streams situated on a prominent corner site of 368sqm (more or less)
• A scarce opportunity in this tightly-held and highly-desirable location
• Returning a combined income of $136,523.39pa (more or less)
• Zoned Business - Neighbourhood Centre offering future development potential

Opportunities such as this seldom come to the market. Strategically positioned on
one of the most sought-after streets in Ponsonby, the property encompasses a
superette, barber, billboard and four residential tenancies, returning a combined
income of $147,000pa (more or less).

The property enjoys ease of access to motorway networks and main arterial routes
and is located a short distance from a range of amenities including the ever-popular
Richmond Road shopping village, Countdown supermarket and countless popular
dining options. Considerable future add-value and development potential can be
unlocked due to its favourable Business - Neighbourhood Centre zoning.

Passive investors should not miss this strategically positioned city-fringe asset.

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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.

It is no surprise due to the continuing growth of the business that Tony is now supported by Janak Darji, Gaurav Minhas and Manu Pundir who each bring their own wealth of knowledge and expertise to the team. Tony’s proficiency in Hindi, Punjabi, and English, plus an understanding of Gujarati, allow him to gain people’s confidence and give him the edge in negotiations. Janak also speaks Gujarati and Gaurav also speaks Punjabi, Hindi and Fiji-Hindi.

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.

Contact Janak Darji

Bayleys Real Estate Limited, Manukau

Licenced under the REAA 2008

021 047 1290   janak.darji@bayleys.co.nz   All Listings

Janak Darji is a member of the Bayleys Manukau commercial and industrial sales and leasing team working alongside one of Bayley’s top five achieving agents, Tony Chaudhary. With a capable and supportive team, Janak has become an established commercial agent who adds an inherent value to his clients’ property dealings.

Janak is not afraid of hard work. Working across the commercial property spectrum in the Southern and Western corridors, he has tackled some of the more difficult jobs in the area and is proud to have achieved success - he found valuable tenants to lease in an unpopular mall with no previous anchors; he found the right buyer for a contaminated service station plot.

For Janak, it is not the size of a deal that spells success, but how innovative he has been in sourcing the right buyer or leaser to the long-term benefit of his clients.

Janak communicates well with a broad range of vendors. Working for family retail stores growing up, he has a natural affinity with small business owners, not only understanding their business needs, but of how diligently they have worked for the investment monies they have collected. He works especially hard to ensure the best possible deals for them and that clients are informed and guided through each step of an often-daunting property transaction. Further, Janak ensures that vendor marketing money has the best possible reach and he has the social media and technical savvy to ensure same.

Committed to the real industry for the long term, Janak invests time in building trusted working relationships with clients who he keeps well-informed with market variables, recent leasing and sales deals, and new listings as they come to the market.

Janak finds the qualities most valued by his clients are reliability, accountability, strong market knowledge, initiative and integrity and he has those spades. He brings the added quality of speaking fluent Guajarati which is of great value to his West Indian clients.