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Passive investment in prime location

G01 and G0/3-5 Blake Street, Ponsonby

Office Building
dollar

$1,275,000 Plus GST (if any)

Floor area
111m2
Title type
Unit Title
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Property details

Listing # 1699662 | Listed on 11 August
  • Two freehold ground-floor units and two secure car parks
  • Fully leased to a single well-established tenant on a four-year term
  • Hassle-free annual return of $73,542 + GST with fixed annual increases
  • Newly built, well-leased and in a top location - The ideal passive investment

Secure your position in one of Auckland’s most prestigious city fringe suburbs with this quality entry-level commercial investment. Leased to an established tenant on a four-year term with fixed 3% annual increases, it offers a reliable, low-maintenance income from day one.

Comprising two individually titled ground-floor units (65sqm and 46sqm), each with a secure car park — a rare asset in this tightly held area. Positioned on a prominent corner in the recently completed ‘The Blake’, it enjoys strong street presence, natural light, and timeless architecture by Paul Brown & Associates.

An ideal opportunity for astute investors seeking a modern, fully leased asset in an absolute prime location. The area’s continued commercial and residential appeal further underpins long-term value and rental growth. Call now!

Phil Haydock
+64 21 192 2233
phil.haydock@bayleys.co.nz

Jill Downie
+64 21 448 777
jill.downie@bayleys.co.nz

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