Leased investment, buy one or buy all
After many years of ownership, the Vendor has made the decision to bring these units to market. The properties are available for purchase individually or as a block of three units.
Unit 3:
• Approximately 108sqm with two on-site car parks
• First floor leased to NZKB Association of New Zealand, ground floor vacant
Unit 4:
• Approximately 107sqm with two on-site car parks
• First floor leased to Southern Chiropractic, an established long-term Tenant, ground floor leased to Elite Recovery massage on a long-term lease
Unit 5:
• Approximately 40sqm with on-site car park
• Leased to PBNZ Barbers who have just renewed their lease from October 2026
Current passing rental of $59,136pa + GST + OPEX, expected to increase to $73,636pa + GST + OPEX once fully tenanted.
Contact the Vendors sole agent for further details.
For Property Files; copy and paste the following link: https://www.propertyfiles.co.nz/5531571
Unit 3:
• Approximately 108sqm with two on-site car parks
• First floor leased to NZKB Association of New Zealand, ground floor vacant
Unit 4:
• Approximately 107sqm with two on-site car parks
• First floor leased to Southern Chiropractic, an established long-term Tenant, ground floor leased to Elite Recovery massage on a long-term lease
Unit 5:
• Approximately 40sqm with on-site car park
• Leased to PBNZ Barbers who have just renewed their lease from October 2026
Current passing rental of $59,136pa + GST + OPEX, expected to increase to $73,636pa + GST + OPEX once fully tenanted.
Contact the Vendors sole agent for further details.
For Property Files; copy and paste the following link: https://www.propertyfiles.co.nz/5531571
Key features
Floor area details
40-108sqm floor plate
Occupancy
Multi- tenanted investment, one vacancy
Parking
One - two parks per unit
Zoning
Neighbourhood Centre Zone
Need help with finance?
Vega is Bayleys’ preferred finance adviser for business, providing advice services across residential, business, property development, commercial lending and insurance.