Sole Agency. Listing ID to quote: #8991.
Positioned in the heart of New Lynn’s rapidly evolving commercial precinct, 13 Puriri Street presents a compelling income generating investment with future development upside. The property comprises a substantial 1,100m² building on a 1,012m² fee simple site, zoned Business metropolitan centre zone under the Auckland Unitary Plan, providing significant flexibility for intensification. The asset is fully leased to three established tenants, returning $140,772.44 per annum + OPEX & GST.
Supported by 10 on-site car parks and located within walking distance of LynnMall, the transport hub and key arterial routes, this is a strategic hold in one of West Auckland’s strongest growth nodes. A well balanced opportunity combining existing cashflow with long-term development potential.
The property areas are as follows:
- Imported Floor Area 1,100sqm
Features:
- 1,100m² building on 1,012m² fee simple land
- Business - Metropolitan Centre Zone
- Split risk returning $140,772.44 per annum net
- 10 car parks
- Corner of Ward St and Puriri St
New Lynn is a bustling suburb in West Auckland, approximately 14km from the CBD. It features a diverse range of retail, office, and industrial properties, with strong transport links via rail, bus, and State Highway 20. New Lynn is an attractive location for businesses looking for excellent connectivity and a dynamic commercial environment.
Please contact Adam Ward, Daniel Speck or Tosh Sharma to discuss the above property or give us a call and we can talk in more depth about other opportunities within the Auckland Area.
Adam Ward
022 166 4941
adam@commercialrealty.co.nz
Daniel Speck
021 0826 7887
dan@commercialrealty.co.nz
Tosh Sharma
021 054 3649
tosh@commercialrealty.co.nz
Or refer to www.commercialrealty.co.nz for a comprehensive range of listings as we don't advertise all our listings on external websites
All prices exclude GST (unless otherwise stated)
