Colliers New Zealand is pleased to exclusively present to market Unit 3 – B1, 223 Greenlane West, Epsom, for sale by Deadline Private Treaty on behalf of the Auckland Trotting Club.
Situated in Auckland’s most central and connected suburb, this tenancy provides an opportunity to acquire a unique retail and entertainment investment within a contemporary mixed-use development. The property can be purchased individually or alongside the wider ATC Retail Portfolio, offering flexibility for investors seeking to expand their holdings or seek a strong return on investment.
Tenanted to Games Lab, a leading hobby and board game retailer and entertainment hub, the property generates $73,600 net per annum + GST. The lease, which commenced in 2024, includes fixed annual rental increases of 3.5% and market rent reviews, ensuring both secure income and growth over the term. The current lease has a 5-year term, providing visibility of returns.
The unit features a modern, versatile fitout designed. The layout, combined with ample on-site car parking, supports both retail operations and social engagement.
Located on Greenlane West, the property enjoys excellent exposure to both foot and vehicle traffic, and benefits from outstanding transport links. The site sits within Auckland’s coveted Double Grammar Zone, near Greenlane Clinical Centre, Newmarket, and other key commercial and residential catchments, reinforcing long-term desirability.
This investment presents a rare opportunity to acquire a modern, income-producing tenancy in a thriving mixed-use precinct. Its secure lease, built-in growth, and flexible purchase options make it an attractive proposition for investors at any level.
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 $73,600 net per annum + GST
- 5-year lease commencing 2024
- Fixed rental growth of 3.5% per annum with market reviews
- Modern retail and entertainment fitout
- 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 to purchase individually or as part of the ATC Retail Portfolio
More information: https://www.colliers.co.nz/p-NZL67036218
