SOLE AGENCY
For Sale by Deadline Private Treaty closing 4pm on Wednesday, 9 September 2026 (unless sold prior).
A-grade industrial investment in one of Auckland’s most tightly held industrial precincts.
This standalone facility compromises a modern 1,666m² building made up of 255m² quality single level offices and 1,354m² high stud tilt slab warehouse on a 2,980m² site. Designed for operational efficiency, the property also features excellent container access, a secure concrete yard, conveniently located parking, 107m² of canopy over 2 roller doors while the building itself provides the perfect mix of 15% office to warehouse ratio.
The investment is underpinned by a brand-new eight-year lease to Waterware, one of New Zealand’s leading plumbing, heating and bathroomware suppliers. With 39 years in business and 23 years of occupancy at this location, Waterware provides investors with a proven and long-standing covenant.
Strategically located in the heart of East Tamaki, the property is approximately 1km from the Highbrook Drive, Cryers Road and Allens Road intersection, less than 4km from State Highway 1, and surrounded by many of New Zealand’s premier industrial occupiers, including DHL, Mainfreight, Fisher & Paykel and NZ Post.
Industrial investments of this calibre are seldom offered to the market. Combined with a long-term lease, established tenant and prime East Tamaki location, this is a compelling opportunity for discerning investors seeking secure income and enduring value.
Contact the sole agents for more information or to arrange a viewing:
Ben Cockram +64 21 245 5855
Josh Franklin +64 21 990 714
Paul Higgins +64 21 549 226
Features:
- Total building of 1,666m² on a 2,980m² site
- New 8-year lease from settlement
- Returning $360,000 net p.a. + GST
- Annual fixed rent increases along with market rent reviews within the lease structure
- Long-standing tenant
- 100% NBS (A-grade) seismic rating
- High-stud warehouse (7.5m rising to 9.1m), two canopy-protected roller doors
- Tilt slab construction, fenced concrete yard with container capacity
- Immaculate single-level offices, 15% office-to-warehouse ratio
More information: https://www.colliers.co.nz/p-NZL67041634
