131 Khyber Pass Road, Grafton, Auckland

8.5%+ Net Yield with Development Upside in Grafton

• Approx. 1,490sqm land area and 1,836sqm floor area
• Tenanted by national mobile operator and Connexa Limited
• Net passing income above $758,000 + GST per annum
• Including 53 parking spaces

Seize this exceptional and time-sensitive investment opportunity at 131 Khyber Pass Road, Grafton, a tightly held location with high exposure and connectivity. Positioned on a key arterial route, this four-level office building offers unmatched access to the Auckland motorway network and key city fringe hubs.
The property features:
• Car parking across the ground and first floors
• Ground floor reception and meeting rooms
• Open plan office space on upper levels
• Staff amenities on all floors

Anchored by a national mobile operator since 2014, the property provides secure income until 31 May 2026, with two six month rights of renewal (final expiry 31 May 2027).
Connexa Limited holds an aerial lease through to 2039 (subject to RoR). A 12-month relocation clause provides strategic flexibility for future development.
This is a rare chance to secure a prime site with:
• Immediate holding income
• Strong tenant covenant
• Future development upside in a high-growth city fringe location

Opportunities like this are tightly held and rarely offered, enquire now before it has snapped up!