Colliers New Zealand is pleased to exclusively present to market Unit 2 – 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 long-standing tenancy within a market-leading mixed-use development.
Tenanted to Katsu Tei, an established Japanese hospitality operator, the property returns $54,825 net per annum + GST, with fixed annual rental increases of 2.5% and market reviews, providing investors with secure, predictable income. The lease has approximately 6 years remaining, offering stability and long-term income visibility.
The unit spans 129m², forming part of a contemporary development with high-quality construction, strong streetscape presence, and ample on-site car parking. Its flexible layout and location make it suitable for a range of commercial or retail uses, making it a smart solution to make your capital work for you.
The property benefits from a substantial on-site residential catchment of approximately 250 dwellings, with potential for an additional 200 homes in a neighbouring development, further strengthening its long-term tenant demand and exposure.
Strategically positioned on Greenlane West, the property enjoys exposure to both foot and vehicle traffic, excellent transport connections, and proximity to key residential and commercial catchments, including Greenlane Clinical Centre and Newmarket.
With its secure lease, modern fitout, and prime location, this investment represents a compelling opportunity in one of Auckland’s most sought-after mixed-use precincts. Properties of this calibre are rarely offered 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 $54,825 net per annum + GST
- Fixed rental growth of 2.5% per annum with market reviews
- Lease with approximately 6 years remaining
- 129m² ground floor unit
- Modern, high-quality development
- Prime Epsom location
- Flexible commercial/retail use
- A smart solution to make your capital work for you
- Captive on-site residential catchment of approx. 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-NZL67036217
