Available PropertyFiles:

  • /Access Licence_Rear Stairway/
    • Licence - Kotuku House - Fully Executed.pdf
  • /BWOF Report/
    • Building Warrant of Fitness and Declaration_2022 - 2023.pdf
    • annual-bwof-report-to-client-2024-10-22.pdf
  • /CAPEX/
    • 10721 - Kotuku Exterior Refurbishment.pdf
    • Interiors Price.pdf
    • Kotuku House Planters Renewal Quotation.pdf
    • MSB Quote_No_40532.pdf
  • /Certificate Title/
    • CT - Osterley Way, 4.pdf
  • /DSA Report_2022/
    • Kotuku House Detailed Seismic Assessment Report.pdf
  • /Fit Out Plans_Health New Zealand/
    • L3 & L4_Proposed Fit Out 231103(High Resolution) FINAL.pdf
  • /Floor Plans_Kotuku House/
    • 2.1.2 Kotuku House Ground Floor_numbered_20170420.pdf
    • 2.1.3 Kotuku House Level 1_numbered_20170420.pdf
    • 2.1.4 Kotuku House Level 2_numbered_20170420.pdf
    • 2.1.5 Kotuku House Level 3_numbered_20170420.pdf
    • 2.1.6 Kotuku House Level 4_numbered_20170420.pdf
    • KOTUKU HOUSE BASEMENT PARKING.pdf
  • /HVAC Operation & Maintenance_2017/
    • 6.1 HVAC 2015 Kotuku Hs Completion Manual v1.pdf
  • /Images_2024/
    • 4 Osterley Way - 001.jpg
    • 4 Osterley Way - 003.jpg
    • 4 Osterley Way - 004.jpg
    • 4 Osterley Way - 005 BL.jpg
    • 4 Osterley Way - 005.jpg
    • 4 Osterley Way - 006.jpg
    • 4 Osterley Way - 007.jpg
    • 4 Osterley Way - 008.jpg
    • 4 Osterley Way - 009.jpg
    • 4 Osterley Way - 010.jpg
    • 4 Osterley Way - 011.jpg
    • Main.jpg
  • /Information Memorandum/
    • Bayleys - Osterley Way IM - Oct 2024.pdf
  • /LIM/
    • LIM - Osterley Way, 4.pdf
  • /Lease Agreements/
    • Ardea Properties - First Right of Refusal 2.5.23.pdf
    • CMDHB Agreement to Lease 280622.pdf
    • Deed of Lease - Kotuku House - Health New Zealand (Fully Signed) 12.10.22.pdf
    • Deed of Variation_4th October 2024.pdf
    • LA to Ardea Properties - Lease Arrangements at Kotuku House.pdf
    • Right of First Refusal Notice_31 March 2023.pdf
    • Right of First Refusal.TWO.pdf
  • /NABERS/
    • 6.5 NABERSNZ-Estimate Kotuhu Hse 2nd August 2021 4 Star.pdf
    • TCL NabersNZ.pdf
  • /OPEX_2023-2024/
    • Kotuku OPEX YE 23.pdf
    • Kotuku OPEX YE 24.pdf
  • /Redevelopment Options/
    • 3.1 20210701_Kotuku House Essential Outcomes Rev F RFS (002).pdf
    • EXtension Proposal.zip
    • Pop-up Cafe Proposale.zip
  • /Sale & Purchase Agreement/
    • SAPA - Osterley Way, 4.pdf
  • /Tenancy Schedule_August 2024/
    • Invoice_Monthly Rental Payment_1 Oct 2024.pdf
    • Tenancy Schedule_4 Osterley Way_1st August 2024.pdf

Property Description

• Prime location in the heart of Manukau City
• Fully leased to Health New Zealand - Te Whatu Ora, on a six-year term to 2029
• Recently upgraded six-level building returning $1,287,991.44pa + GST
• 1,560sqm (more or less) land, adjacent to Westfield Manukau Shopping Centre
• Ideal as a long-term investment with future development potential
A unique chance to acquire a premium asset in the tightly held Manukau City Centre. Kōtuku House is the head office for Health New Zealand - Te Whatu Ora.

Recently upgraded, the property includes 3,914sqm (approximately) of modern, well-lit office space over five levels with excellent views plus basement storage and 25 secure car parks.

Located directly across Manukau Plaza from Westfield Manukau, the building enjoys excellent connectivity, with easy access to State Highway 1 and the nearby Manukau Transport Hub.

Whether you're seeking a trophy investment or a strategic asset for future development, this opportunity warrants serious consideration.

Ian Hall
+64 21 451 411
ian.hall@bayleys.co.nz

Tommy Zhang +64 21 760 889
tommy.zhang@bayleys.co.nz

Jason Seymour
+64 21 607 999
jason.seymour@bayleys.co.nz

Please fill in the form below and we'll email you a link to download the PropertyFiles, instantly.


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 Ian Hall

Bayleys Real Estate Limited

Bayleys Auckland Central

+64 9 309 6020   +64 21 451 411   ian.hall@bayleys.co.nz   All Listings

Ian’s experience in the property industry spans decades. His expertise, track record and reach throughout the industry are well known, as is his reputation for delivering better than expected results across all asset classes of commercial property.

Ian has been in real estate his whole professional life, from a young 19 year old starting leasing and selling small units on the North Shore, through to being recruited at 21 to a global real estate firm in industrial leasing. He then moved into sales on the city fringe and investment sales until becoming a director in their capital markets team.

Having joined Bayleys as a Director in the Investment sales team, Ian specialises in larger Auckland metropolitan assets, institutional grade investments and complex transactions as well as development sites in Auckland central.

His reputation has always been forged on building strong relationships and Ian is proud to serve an extensive list of long-term clients, many of whom he has assisted with their commercial property needs as they have grown from entry level to senior positions within their chosen fields. This has included brokering deals for multiple foreign governments, nearly all the listed property trusts and syndicates and, more recently, working extensively with companies establishing New Zealand’s build to rent sector.

Ian thoroughly enjoys the variety of people he has the privilege to work with, undertaking often-complex property transactions to produce an outstanding result. Carefully crafted campaigns and highly structured processes enable Ian to always find the best outcome for his client’s unique needs. As testament to his abilities, Ian is pleased to enjoy a great deal of repeat and referral business. His expertise sees him in demand assisting high net worth individuals, syndicators, developers, listed property trusts and foreign capital investors. His clients demand the best and that’s why they choose to work with Ian.

Outside of work Ian likes to spend time at his holiday home in Raglan for surfing, golf, runs, tennis, and a few long lunches. Having been in property such a long time Ian recognises the benefits for his clients of Bayleys’ best in class reputation and powerful marketing team. Bayleys’ links to the community and its ethos of giving back also sit well with Ian’s personal life philosophy.

Ian loves assisting clients to get the best outcome from the sale of their larger commercial assets, institutional grade investments and development sites in Bayleys Auckland Metropolitan Markets team.

Contact Tommy Zhang

Bayleys Real Estate Limited

Bayleys Auckland Central

+64 9 309 6020   +64 21 760 889   tommy.zhang@bayleys.co.nz   All Listings

Tommy is a commercial and investment sales director in the Bayleys Auckland Metropolitan Markets team, specialising in metropolitan development projects, leading the market in Chinese-to-Kiwi and Kiwi-to-Chinese property transactions. Tommy has over 7 years experience working with Asian-based high net worth individuals and families specialising in the sale of both investment assets and large development sites.

Tommy works closely with Bayleys Knight Frank colleagues not only in New Zealand but also in Australia, Greater China and Singapore. Through these connections he can share New Zealand investment opportunities with Bayleys Knight Frank’s extensive client base, which includes private investors, family trusts and institutions. He is actively involved with New Zealand’s Asian community and works with both local and offshore investors.

Tommy not only brings an extensive network of active domestic and offshore buyers, but also has built a strong network of collaborative relationships with some top commercial lawyers, financial advisors, corporate bankers and fund managers to ensure maximum exposure and interest in assets which leads to premium results.

Prior to starting the commercial real estate in 2016, Tommy was the merger and acquisition manager at the Bank of China and holds a good working relationship with other Chinese banks in New Zealand. His job was to assist New Zealand businesses realise their global ambitions by connecting with Bank of China corporate investors with ambitious and growing businesses.

Tommy has lived in New Zealand for many years and understands both Chinese and Kiwi culture. Being able to understand how the Chinese investors work and holding those relationships, whilst having the ability to advise on the New Zealand market is a unique skill that Tommy can offer. Not only is he able to assist property owners achieve the maximum value from their investment properties, but he also ensures that future Chinese investments here in New Zealand stand the best chance.