8 Nugent Street, Grafton, Auckland Two A Grade Auckland CBD Fringe Assets
TweetAvailable PropertyFiles:
- Khyber Pass & Nugent Street IM.pdf
- Photo Gallery.zip
- Video_99 Khyber Pass Rd & 8 Nugent St.mp4
- /Body Corp_Carpark Building/
- Breach Notice- May 2025.pdf
- Building D_Carparks.zip
- Plaza.zip
- /Carpark Map/
- Master Carparking Allocation Plans - Building B Carparks.pdf
- /Compliance/
- BWOF FORM12 2024-25 (1).docx
- /Floor Plans/
- Building B - Level 2 New Boma - Signed.pdf
- /LIM Report/
- LIM Report - Nugent St, 6 (8).pdf
- /Lease Agreements/
- 01. Ground Floor_The Fitness Portal.zip
- 02. Level One_Woods.zip
- 03. Level Two_Mitchell Vranjes.zip
- 04. Level Two_Boutique Body Corporate.zip
- 05. Level Two_Mobil.zip
- 06. Level Three_The Neil Group.zip
- 07. Level Three_Digital Island.zip
- 08. Level Four_Oregon Group.zip
- 09. Level Four_NZ Cricket.zip
- Master Carparking Allocation Plans - Building B Carparks.pdf
- Unsigned carpark monthly licence for 16 carparks.pdf
- /OPEX Budget/
- 8 Nugent Street FY26 OPEX.xlsx
- /Record of Titles/
- Body Corporate titles_Carparks.csv
- Titles.pdf
- /Seismic Report/
- Seismic Rating (100% NBS, 09.04.14) - Nugent St, 8, Building B.pdf
- Seismic Rating (100% NBS, 09.06.15) - Nugent St, 8, Building D.pdf
- /Site Plan/
- Site Plan - Nugent St, 8.pdf
- /Tenancy Schedule/
- Parkable Income_8 Nugent Street_May 24 - April 25.pdf
- Tenancy Schedule - Nugent St, 8_24th April 2025.pdf
Property Description
• Two high-profile freehold 5-star office investments, buy one or both• Combined passing income of $4,590,697pa + GST (approximately)
• Diversified income streams to a range of A-grade tenants
• Strategic location close to Hospital, University, and new CRL station
A rare opportunity to acquire one or two A-grade freehold office investment properties, both occupied by a diverse range of national brands and multinational tenants.
The two buildings offer an attractive mix of well-presented, contemporary office accommodation with excellent outlooks and natural light, plus high-profile tenancies wrapping around two road frontages. The properties also benefit from total 337 car parks.
The coveted Grafton location provides convenient access to the CBD, Newmarket, and Auckland City Hospital and will further benefit from the completion of the City Rail Link (CRL), with Mt Eden Station nearby.
8 Nugent Street, Grafton:
• Five-level, five-star green office building with 245 car parks returning $3,462,440pa + GST
• Built in 2009, immaculately presented office tenancies plus on-site gym
• 96% occupied with excellent tenant mix
99-107 Khyber Pass Road, Grafton:
• Prime two-level office building with 92 car parks returning $1,128,257pa + GST
• 1,859sqm (more or less) corner site zoned Business - Mixed Use
• Fully upgraded and refurbished in 2019 with 5-star NABERSNZ rating
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Terms of Supply
THE VENDOR - TERMS AND CONDITIONSAccess to these due diligence files is strictly on the basis of the terms below. The action of accessing this contents is deemed confirmation of acceptance of these terms by the accessing party.
Confidentiality and Publication
• The accessing parties acknowledge and agree that the information in the due diligence room is confidential to the Vendor.
• Neither the whole nor any part of the information in or referenced in the due diligence room may be included in any published document, circular or statement without the prior written approval of the Vendor.
• Only bona fide potential purchasers and their professional advisors may access the information within the due diligence room.
• The information may not be accessed or used for any purpose other than for considering potential offers to the Vendor on the acquisition and development of the land.
• No document or information within the due diligence room or any reference to them may be disseminated in any way by users of the due diligence room except to their professional advisors, as necessary for the purposes of the transaction contemplated and on the basis that such professional advisors have also agreed to be bound by these terms (whether or not such advisor accesses the due diligence room directly or is provided such information by the accessing party).
Disclaimer
The material contained in this due diligence room has been prepared in good faith by the Vendor and its advisors, solely for the information of potential purchasers to assist them in deciding whether they are interested in the specified potential development land.
It is intended to be general information in and specialist advice should be sought on all matters. The information provided by advisors has been provided to the Vendor and not to any accessing party. The contents do not constitute advice to potential purchasers and should not be relied upon as such.
Where documents are specified to be in draft, the Vendor has full and absolute discretion to change or amend or replace entirely that document in full or part at any time. Accessing parties should place no reliance on such draft documents.
The information in this due diligence room does not form part of any offer or contract and is intended as a guide only and any offer made is subject to negotiation and acceptance by the Vendor.
No warranty is given or representations made as to the correctness or sufficiency of any information or statements. Potential purchasers should not rely on any material contained in the due diligence room but should make independent investigations to satisfy themselves as to the accuracy and sufficiency of the material. The Vendor and its advisors do not make any representations or warranties as to the accuracy or sufficiency of the material and do not assume any liability for negligence or otherwise in connection with any material contained in or omitted from the due diligence room.
The Vendor reserves the right in its sole discretion to postpone or cancel the proposed sale of the land. The Vendor reserves the rights to sell the land to any party in such component parts, at such price and on such terms as it sees fit.
Additions and Changes to the Due Diligence Room
The Vendor reserves the right to modify or add to the due diligence room or documents therein from time to time. The Vendor does not accept any responsibility for the currency of any documents or any changes to documents within the due diligence room or changes to the due diligence room itself that may change, affect or qualify any of the information provided. The Vendor will use reasonable endeavours to place notifications within the due diligence room of documents added, removed, altered or modified from time to time but potential purchasers are advised to check regularly for any such changes.
Questions and Answers Process
Any party may submit written questions to Bayleys during the due diligence phase and Bayleys and/or the Vendor will endeavour to answer such questions noting however that any questions and the answer provided by Bayleys or the Vendor may, at the Vendor’s sole discretion, be made available to all parties accessing the due diligence room.
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.