26A Honan Place, Avondale, Auckland

Road-front industrial investment with growth

A rare opportunity to acquire a high-quality industrial investment in one of Auckland's most tightly held precincts. This refurbished, road-front property on Honan Place offers strong fundamentals, secure income, and enduring occupier demand.

Key features:
• Net income: $87,550pa + GST
• Four (4) year lease with built-in rental increases
• Approximately 385sqm total floor area
• Recently refurbished, low-maintenance building
• Five (5) allocated car parks
• Three-phase power supply

The property is underpinned by a new four-year lease, supported by a security bond and personal guarantees, providing investors with immediate income certainty. Fixed rental growth enhances long-term performance.

Positioned within the tightly held Rosebank Peninsula, the property benefits from excellent connectivity, located just 2.7km from the Northwestern Motorway, 11km from the CBD, and 18km from Auckland International Airport. The precinct continues to see strong occupier demand, underpinned by limited supply and ongoing infrastructure investment.

Industrial assets of this calibre in Rosebank are increasingly difficult to secure, making this a compelling passive investment with long-term appeal.