Colliers New Zealand is pleased to present an affordable retail investment opportunity positioned in the heart of Howick Village.
9/10 Wellington Street represents the chance to secure a tightly held asset within one of East Auckland’s most established and consistently performing town centres.
The property is currently leased to The Natural Health Co. and comprises a 155m² (approximately) unit-titled retail premises, complemented by four on-site car parks. The investment returns $56,600 net per annum plus GST and outgoings, providing stable holding income supported by lease rights of renewal extending through to 2031.
Situated within a well-established retail strip along Wellington Street, the property benefits from strong pedestrian activity, convenient customer access, and excellent exposure to the surrounding Howick community. The building forms part of a recognised retail precinct servicing both local residents and the wider East Auckland catchment.
Located within the established Howick commercial corridor, the asset is underpinned by continued residential growth and ongoing development throughout the Eastern Bays, reinforcing long-term tenant demand and investment fundamentals.
For Sale by Negotiation
For further information or to arrange an inspection, please contact the Sole Agents below:
Ronal Prasad
+64 21 232 1192
ronal.prasad@colliers.com
Will Bason
+64 21 0827 9312
will.bason@colliers.com
Features:
- 155m² ground floor retail
- Heart of Howick location
- Modern development
- Ample carparking
More information: https://www.colliers.co.nz/p-NZL67038506
