Block B/42 Kouka Road, Beachlands Beachlands split-risk investment opportunity
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Available PropertyFiles:
- B1 Block Lease Documents.zip
- Kouka Road 42 Block B_BWOF.pdf
- Kouka Road 42 Block B_LIM Report Nov 2023.pdf
- Kouka Road 42_IM_09.01.2024.pdf
- Kouka Road 42_Record of Title.pdf
- Lease Documents.zip
- Property Files.zip
- /OPEX/
- Kouka Road 42 Block B_OPEX Tenant Breakdown.pdf
- Kouka Road 42_OPEX Breakdown 2023-24.pdf
Property Description
Standalone building spanning 940sqm (approximately)Freehold land of 628sqm (more or less) zoned for Business Local Centre
Currently returning $269,004pa + GST and OPEX from multiple tenants
Modern construction with outstanding amenities completed in 2018
This property in Beachlands presents a compelling investment opportunity with its 628sqm (more or less) freehold land and a 940sqm (approximately) standalone building featuring four ground floor retail and five first-floor office spaces. This contemporary structure with excellent amenities was constructed in 2018.
Situated in the established 'Pohutukawa Shopping Centre', this rare asset offers investors a split-risk investment with long-term leases, ensuring a reliable cash flow. The building, boasting a mix of retail and office tenancies, is 90% leased, and there's potential to add-value or utilise the 140sqm (approximately) upper-level vacant unit.
Benefiting from a high-profile location in Beachlands, surrounded by established retailers and increasing residential development, this property aligns with the areas growth. Beachlands' appeal is its proximity to the beach and marina, and accessibility to key locations like Auckland Airport, CBD, and Botany Town Centre.
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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 Piyush Kumar
Bayleys Real Estate Limited
Licensed under the REA Act 2008
027 410 4750 piyush.kumar@bayleys.co.nz All Listings
Piyush Kumar has an astute head for business which gives him a clear advantage in his role as commercial, retail and industrial sales and leasing agent with Bayleys Counties.
Extensive management experience in convenience retailing, account management in the highly competitive telecommunication arena plus prior experience in the hospitality industry have provided Piyush with an invaluable business platform from which to launch a career in property.
Specialising in the commercial, retail and industrial areas of Manurewa, Takanini, Clendon and Papakura, Piyush is bringing his strong communication skills, finely honed client service mentality and analytical approach to the real estate table.
“I’ll be walking the walk and talking the talk through hard work, dedication, and loyalty towards clients. I aim to provide honest feedback, regular follow-up and to identify a smart, logical plan to ensure that the deals are done,” says Piyush.
As an integral member of the Bayleys Counties commercial, retail and industrial team, Piyush works closely with his colleagues in the wider Bayleys network - across Auckland and nationally - to ensure that no stone is left unturned in the quest to achieve great outcomes for his clients.
With a Degree in Economics, and a Diploma in Hotel Management coupled with front line experience across the hospitality, retail sales and account management fields, Piyush understands the importance of good time management skills and exceeding client expectations.
“Establishing strong working relationships with my clients is fundamental to good business. I pride myself on staying up-to-date with property market trends and the economic environment which allows me to put the current real estate market into context for my clients,” says Piyush.
Able to add value to his clients real estate transactions by utilising Bayleys’ innovative marketing initiatives, extensive networks and databases and broad knowledge base, Piyush keeps abreast of new ideas and technology, to make the selling and buying of real estate faster, cost-effective, and more streamlined.
Piyush is a trusted professional who handles commercial, retail and industrial real estate sales and leasing with integrity and intelligence.
