Colliers New Zealand is pleased to exclusively present to market Unit 5 – 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 hospitality 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 and achieve a strong return on investment.
Tenanted to Joe’s Garage, a well-established café and restaurant with 20 stores across New Zealand, the property generates $85,818 net per annum + GST. With a 10-year lease term, including annual CPI rental increases and market rent reviews, delivering secure, long-term income.
The unit comprises 234m² of internal space and 89m² of outdoor area, featuring a market-leading fitout, excellent street visibility, pedestrian access, and shared customer parking. The quality of the premises and prime positioning underpin tenant demand within the precinct.
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 opportunity to acquire a secure, income-producing property in a thriving mixed-use precinct.
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 $85,818 net per annum + GST
- 10-year lease commencing 1 September 2025
- Annual CPI rental increases capped at 3% with market reviews
- 234m² internal area with 89m² outdoor area
- Prime Epsom location in the coveted Double Grammar Zone
- Market-leading mixed-use complex
- Positioned at the intersection of Auckland’s most premier suburbs
- Available individually or as part of the ATC Retail Portfolio
More information: https://www.colliers.co.nz/p-NZL67036220
