Colliers New Zealand is pleased to exclusively present to market Unit 4 – 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 tenancy offers investors the chance to secure a premium retail investment within a market-leading mixed-use development. The property can be purchased individually or alongside the wider ATC Retail Portfolio, providing flexibility for investors seeking to expand their holdings or achieve a strong return on investment.
Tenanted to Vivo Hair & Beauty, New Zealand’s largest hair salon operator with over 80 salons nationwide. The property generates $87,550 net per annum + GST. The lease commenced in 2022 with a 10-year term and includes fixed annual rental increases of 3% per annum and additional market rent reviews, delivering secure, long-term income.
The unit features a modern, versatile fitout designed. The layout, combined with ample on-site car parking, supports both retail operations and social engagement.
Strategically positioned on Greenlane West, the property enjoys excellent exposure to foot and vehicle traffic, outstanding transport links, and proximity to premium residential catchments, including Auckland’s coveted Double Grammar Zone, Greenlane Clinical Centre, Newmarket, and key commercial hubs.
This investment represents a rare chance to acquire a secure, income-producing tenancy with strong growth potential in a thriving mixed-use precinct. With its established tenant, modern fitout, and flexible purchase options, the property is suitable for a range of investors looking for a high-quality, long-term investment.
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 $87,550 net per annum + GST
- 10-year lease commencing 2022 with approximately 8 years remaining
- Fixed rental growth of 3% per annum with market reviews
- 174m² ground floor retail unit
- Prime Epsom location in the coveted Double Grammar Zone
- Market-leading mixed-use complex
- Positioned at the intersection of Auckland’s most premier suburbs
- Captive on-site residential catchment of ~250 homes, with potential for an additional 200 in a neighbouring development
- Available to purchase individually or as part of the ATC Retail Portfolio
More information: https://www.colliers.co.nz/p-NZL67036219
