47B Station Road, Otahuhu, Auckland High-Yield, Multi-Tenant Investment Opportunity

Available PropertyFiles:

  • Information Memorandom.zip
  • LIM.zip
  • Property files.zip
  • Title.zip

Property Description

• Four (4) separate tenancies returning $58,330.43 gross rental p.a. + GST.
• Mix of residential and commercial tenancies
• Opportunity to add value to the property
• Business - Mixed Use Zone

Bayleys is proud to present this opportunity to acquire a strategically positioned, split-risk commercial and residential investment in the heart of Otahuhu's mixed-use precinct.

This unique asset comprises three fully tenanted residential units, each offering stable holding income, complemented by a versatile clear-span warehouse at the front right of the property, which is currently occupied by a local operator as overflow storage. This blend of diversified income streams across both asset classes underpins the property's robust investment fundamentals.

Rarely do properties of this nature come to market, combining a high-yielding opportunity, multiple income sources, and the long-term upside of a well-connected South Auckland location. The Otahuhu industrial-commercial market continues to tighten, with ongoing infrastructure investment and residential growth driving increased demand and long-term value uplift.

For further information on this opportunity contact your sole agents today.

Matt Dell
027 221 9735
matt.dell@bayleys.co.nz

Jake Skeen
027 636 5650
jake.skeen@bayleys.co.nz

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Contact Matt Dell

Bayleys Real Estate Limited, Manukau,

Licensed under the REA Act 2008

027 221 9735   matt.dell@bayleys.co.nz   All Listings

After graduating from the University of Auckland with a Bachelors of Commerce, Matt opted for a career in commercial real estate with a specialisation in the industrial sector, particularly focused on the South Auckland area.

After working for two years in advertising in multiple client-facing positions, Matt understands the importance of working diligently and efficiently to meet his clients' needs. Matt believes that no stone should be left unturned when it comes to helping match the needs of his clients with prospective tenants and buyers.

Along with Matts recent experience in the advertising industry, Matt also has extensive experience in high-level sport. As a recent player in the New Zealand Men's Water Polo. This experience has helped teach Matt the importance of commitment and how hard work pays off.

On a more personal note, Matt enjoys spending time on the golf course or heading down to the Coromandel with friends and family.


Contact Jake Skeen

Bayleys Real Estate Ltd, South Auckland, Licensed under the REA Act 2008

027 636 5650   jake.skeen@bayleys.co.nz   All Listings

Jacob Skeen brings a high-performance mindset and a genuine, people-centred approach to Bayleys South Auckland Commercial team, specialising in Industrial Sales and Leasing.

After a successful professional rugby career - including playing for the Māori All Blacks and seven years with the Black Rams in Tokyo - Jacob has transitioned into real estate to channel his drive, discipline, and team-first ethos into helping clients achieve their goals. His background in high-performance sport has shaped his approach: meticulous preparation, resilience under pressure, and an unwavering commitment to delivering on promises.

Jacob holds a Bachelor of Management Studies with a double major in Marketing and Strategic Management from Waikato University. This academic foundation strengthens his understanding of business needs and effective communication - skills that complement his practical, solutions-focused mindset.

Drawn to the industrial sector for its dynamic, fast-moving nature, Jacob thrives on solving the “puzzle” each property presents, whether it’s unlocking potential in an underused asset or matching a business with the right site for growth. He values Bayleys’ strong reputation in the industrial space and their culture of collaboration and long-term relationships - values that mirror his own approach to client service.

Beyond work, Jacob is a devoted family man, proud father to a two-year-old daughter with another child on the way. He’s passionate about personal growth, fitness, and the outdoors, whether he’s running trails, surfing, or exploring with his family. Jacob is also committed to his community, having coached rugby at various levels and supported organisations such as Cure Kids, Harbour Hospice, and Big Buddy.

A firm believer in lifelong learning and building genuine relationships, Jacob treats every conversation as an opportunity to listen, learn, and add value. Clients can expect an advisor who is approachable, prepared, and fully invested in their success - just as he was for every team he’s been part of.