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Albany

Unit 2, 3 William Pickering Drive, Albany, North Shore

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504sqm Floor area
9 Offstreet

Albany investment with new rental increase


• Annual net rental now increased to $107,800pa + GST and outgoings
• Rental bond in place, providing additional security for investors
• Excellent connectivity to the Northern and Western Motorways and key arterial routes
• Well-presented and functional premises appealing to a broad range of occupiers and business use
• Low-maintenance, passive investment suited to private investors and portfolio diversification

Positioned within the heart of Albany's established commercial and business precinct, this investment enjoys outstanding accessibility and exposure amongst a strong mix of national and international occupiers. The property is strategically located within one of Auckland's most sought-after commercial hubs, benefiting from continued business growth and tenant demand.

The property is leased to Tyre City Albany, providing investors with an income stream of $107,800pa + GST and outgoings, further supported by a rental bond for additional peace of mind. The premises are well-presented and highly functional, offering versatility for a wide range of business uses. This adaptability enhances future leasing security and underpins the property's long-term investment appeal. Investors will appreciate the property's straightforward, hands-off nature, making it an ideal addition to any investment portfolio.

Albany remains one of Auckland's premier commercial growth locations, supported by significant public and private investment across infrastructure, retail, education, and residential development. Its excellent transport links, growing population, and extensive amenities continue to attract businesses, supporting strong tenant demand and rental growth.

For Sale by Negotiation
Ranjan Unka

Ranjan Unka

Director - Commercial

Bayleys Real Estate Ltd, North Shore Commercial,
Licensed under the REA Act 2008

Features

Prime frontage


Established tenant Tyre City Albany, a reputable long-term occupier providing reliability and stability

Lease


Secure rental income $98,000pa + GST and outgoings with upside on market reviews

Location


Excellent connectivity to Northern & Western Motorway links and major arterial routes

Accessibility


Well presented and functional premises designed to appeal to a broad tenant base

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