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Wynyard Quarter

85 Daldy/143 Pakenham/141 Pakenham Streets, Wynyard Quarter, Auckland

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742sqm Floor area

Tender

(unless sold prior)

Wynyard Quarter long lease term opportunity


• In the heart of Auckland's word-class waterfront Wynyard Quarter precinct
• Fixed annual increases circa 3%
• Diversified tenancy mix with long-term lease profile

Bayleys Real Estate is delighted to offer for sale 10 ground floor retail units (units 2 & 3 and 10 & 11 are combined into one tenancy each) located in the contemporary Wynyard Central mixed-use precinct.

This stunning new complex completed by award-winning company Willis Bond & Co is located in Auckland Central's fastest growing area, Wynyard Quarter. The property presents a highly desirable investment opportunity, combining strategic waterfront location with outstanding long-term lease covenants, including fixed rental growth. The lettable offerings vary in size from 27sqm to 159sqm. Each unit receives frontage profile, from either; Pakenham Street, Daldy Street, Tiramarama Way or Mahuru Lane with all exposed to foot traffic from those living and working in the area. The high-end tenancy mix includes: Williams Eatery, La Petite Fourchette, Wine Runners, Barfoot & Thompson,
Boar & Blade, Studio Pilates, The Rolling Pin, Jacobs & Son and Studio Pacific Architecture.

This asset is one of Auckland's finest retail offerings, providing investors with a low risk and secure investment opportunity.

Tender
(unless sold prior)

Bayleys House, 30 Gaunt Street, Auckland

24

Oct

Time4pm
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Chris Beasleigh

Chris Beasleigh


Bayleys Real Estate Ltd, Auckland Central,
Licensed under the REA Act 2008
Ryan Johnson

Ryan Johnson


Bayleys Real Estate Ltd, Auckland Central,
Licensed under the REA Act 2008

Features

High-end tenancy mix


Including Williams Eatery, La Petite Fourchette, Wine Runners, Barfoot & Thompson and Boar & Blade

New retail complex


742sqm 12-unit retail hub within a brand new ten-storey apartment complex

The opportunity


Wynyard Central is forecast to return a net annual of $457,925