Tenanted Investment with Huge Profile

Sole Agency

Deadline Private Treaty, closing 4:00pm Thursday 26th November 2026 (unless sold prior).

Savills is pleased to present for sale 74 Greenmount Drive, East Tāmaki, a high-quality industrial investment opportunity situated in one of Auckland’s most sought-after commercial precincts.

This property provides investors with the chance to secure a strategically positioned industrial asset underpinned by a strong tenant covenant, strong rental growth and future lease optimisation. The property will appeal to
investors seeking a bottom draw asset with stable income and exposure to Auckland’s tightly held industrial market.

Coast RV Pty Limited who have occupied the building for 15 years have recently renewed their lease whilst the rental income is underpinned by strong fixed annual rental growth, together with market rental adjustments.

The property features modern construction, a functional warehouse with generous stud height and three roller doors,
complemented by a large, secure concrete yard offering ample space for container movements and parking. An excellent office to-warehouse ratio further enhances the property's functionality and versatility.

Boasting prominent exposure and access from both Greenmount Drive and Nandina Avenue, including convenient drive-through capability, this is a rare opportunity to secure a versatile industrial asset in the highly sought-after East Tāmaki market before Christmas.

• High profile corner site with dual access
• 1,220m² of building on prominent 2,307m² Freehold site
• Returning 268,800 net p.a.
• Fixed 3% annual increases and a market rent review on 1st July 2027
• Excellent office to warehouse ratio
• Fully fenced and secure property – multiple access points

Positioned on a high-profile corner site in the established East Tāmaki commercial precinct, 74 Greenmount Drive offers excellent visibility and a strategic location for this tenanted investment. The property benefits from connectivity to major arterial routes, including Ti Rakau Drive and Harris Road, with convenient access to State Highway and the wider Auckland motorway network.

Will St John
+64 21 072 9494
will.stjohn@savills.co.nz

Tom Cooper
+64 21 056 3684
tcooper@savills.co.nz

Dan Goddard
+64 27 772 2265
dan.goddard@savills.co.nz