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Multi-tenanted, government anchor investment

71-73 Wairau Road, Wairau Valley

Industrial Buildings
dollar

Deadline Sale

Floor area
2269m2
Land area
3614m2
Title type
Freehold
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Deadline sale

Thursday
4:00pm
16
Apr

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Property details

Listing # 1507208 | Listed on 10 March
  • Split risk investment returning $622,000pa + GST with government-funded anchor tenant
  • Fee simple estate of 3,614sqm of land benefiting from the growth corridor overlay
  • Highly sought after North Shore real estate elevated with 40m of frontage to Wairau Road and visibility to State Highway 1

On the market for the first time in 26 years, this prime piece of real estate in the popular Wairau Valley on Auckland’s North Shore will appeal to a wide range of buyer groups. Whether you’re a passive investor, a family trust, or looking to maximise the site’s future potential, this asset delivers on all fronts.

Returning $622,000 net per annum across three tenancies, the property is anchored by a government tenant in a purpose-built facility at the rear of the site, while the two smaller tenancies benefit from strong frontage to Wairau Road.

The land is regular in shape and occupies a prominent, elevated position, with future upside supported by the growth corridor overlay that enhances the property's long-term appeal.

Act quickly to secure this desirable landholding with strong returns.

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