Colliers New Zealand is pleased to exclusively present to market Unit 1 – B1, 223 Greenlane West, Epsom, for sale by Deadline Private Treaty on behalf of the Auckland Trotting Club.
Located in Auckland’s most central and connected suburb, this modern investment offers purchasers the opportunity to secure a premium hospitality tenancy within a market-leading mixed-use development.
Tenanted to the incredibly popular One Tree Buffet, the property returns $155,400 net per annum + GST, with fixed annual rental increases of 2.5% and market rent reviews, delivering investors both secure income and built-in rental growth. The lease has an initial 10-year term with approximately 8 years remaining, providing long-term income visibility and stability.
Comprising a substantial 444m² ground floor unit with well entrenched, modern fitout, the premises form part of a contemporary development designed to a high standard, with strong streetscape and ample on-site car parking. Its size, layout, and location make it suitable for a range of hospitality or commercial uses, ensuring enduring tenant demand within the precinct.
Strategically positioned on Greenlane West, the property enjoys outstanding exposure to high traffic volumes, excellent transport connectivity, and proximity to premium residential catchments, including Auckland’s coveted Double Grammar Zone, Greenlane Clinical Centre, Newmarket, and key commercial hubs.
With its secure lease, modern fitout, and premier location, this investment represents a highly attractive opportunity in one of Auckland’s most tightly held mixed-use precincts. Opportunities of this calibre are seldom brought to market.
Deadline Private Treaty closing 4pm, Thursday 16th October 2025 (unless sold prior).
Contact the exclusive agents – Colliers New Zealand:
Ryan Gibb: +64 21 826 421
Shoneet Chand: +64 21 400 765
Josh Coburn: +64 21 990 691
Features:
- Returning $155,400 net per annum + GST
- Fixed rental growth of 2.5% per annum with market reviews
- 10-year lease with approximately 8 years remaining
- Incredibly popular Tenant
- 444m² ground floor unit with potential for outside area
- Modern, high-quality fitout
- Premium Epsom location in the coveted Double Grammar Zone
- Market-leading mixed-use complex
- Positioned at the intersection of Auckland’s most premier suburbs
- Available to purchase individually or as part of the ATC Retail Portfolio
More information: https://www.colliers.co.nz/p-NZL67036215
