2A Swamp Kauri Grove, Papakura Split-risk retail investment-Papakura
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Available PropertyFiles:
- 02. Deed of Leases.zip
- 03. BWOF.zip
- 04. OPEX.zip
- 05. Centre Rules.zip
- 07. Landlord chattels.zip
- 08. Measurement Survey.zip
- 2A Swamp Kauri Grove_Information Memorandum_April 2024.pdf
- PropertyFiles.zip
- Swamp Kauri Grove 2 Unit A_LIM Report_November 2023.zip
Property Description
• Standalone retail building spanning 335sqm (approximately)• Freehold land of 883sqm (more or less) zoned Residential - Mixed Housing Urban Zone
• Currently returning $181,554pa + GST and OPEX from three tenants
• Modern construction with outstanding amenities completed in 2022
• 100% plus NBS-rated structure, and multiple builder warranties still in place
• Weighted average lease term (WALT) of 10 years
Placed in the heart of the fast-growing McLennan Takanini/Papakura area, this property benefits from a bustling residential community. It's the only commercial spot in the entire McLennan development area, promising less competition and a captive market.
Fully leased to three tenants, generating an annual net rent of $181,554pa + GST and OPEX. Fixed rent growth ensures a reliable income source.
High-quality structure, builder warranties, and top-notch tenant fit-outs promise low-hassle ownership and minimal maintenance. Dedicated on-site parking adds to the property's appeal, ensuring easy access for customers and tenants.
This high-quality, modern retail development offers an opportunity for investors seeking a stable income stream and potential long-term growth. Its strategic location, exclusive commercial zoning, secured leases, fixed rental growth, and emphasis on quality and convenience make it an enticing prospect in the vibrant and expanding McLennan Takanini/Papakura residential area.
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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.
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.
