507 Sandringham Road, Sandringham Prime Sandringham Village investment
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Available PropertyFiles:
- IM - 507 Sandringham Road (final).pdf
Property Description
Key features:• High-profile investment in the tightly-held Sandringham village, one of the most sought-after suburban hospitality precincts in Auckland
• Recently renovated property generating a net rental of $130,000pa + GST
• Fully tenanted by 507 Bar and Eatery, a modern contemporary restaurant featuring a brand-new restaurant fit out and a residential dwelling at the rear
• Favourable Residential THAB zoning ensures strong future development upside
A rare opportunity to acquire a modern passive investment. This prominent main road property features 507 Bar and Eatery at the front, a contemporary restaurant offering a mix of modern Middle Eastern and European cuisine - while a consented three-bedroom residential dwelling adjoins the rear. Fully tenanted under a single commercial lease - a four-year term from 2024, the property benefits from guaranteed two yearly rent increases.
Strategically positioned in the Sandringham village, one of Auckland's most popular hospitality hotspots, attracting patrons from across the city. Prominently located just off Mt Eden and St Lukes, the village has a history of low vacancies, consistently demonstrating high demand and strong occupancy
This investment ticks all the boxes - strong lease covenants ensure stability, rental upside, and long-term investment security.
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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.
