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Mt Roskill

22 Stoddard Road, Mt Roskill, Auckland

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8,412sqm Floor area
19,195sqm Land area SQM

Expressions of Interest

(unless sold prior)

Thriving Auckland neighbourhood shopping centre


• 100% leased with 80% of income from national and chain tenants
• 65% of income linked to CPI and/or fixed rent reviews
• Currently returning $2.74 million + GST net p.a. (approximately)
• 8,412sqm (approximately) NLA on a substantial 1.9195 hectare freehold site
• Favourable General Business zoning

22 Stoddard Road is 100% occupied and leased to some of New Zealand's most well-known brands including The Warehouse Group and major banks (ANZ, ASB & Westpac). The Centre benefits from being situated directly next to McDonalds and a New World Supermarket with numerous other major retailers in close proximity.
Prominently positioned within one of Auckland's most transformative suburbs, the Centre offers exceptional convenience and proximity to all major roading links and networks and is located just 8 kilometres south of Auckland's CBD.
With potential for vertical expansion (16.5m height limit) or re-optimization of the tenancy layout over time, the centre offers positive future development opportunities combined with a growing population base and large customer catchment.

For further information contact the agents today.
Sunil Bhana
+64 27 845 4617
sunil.bhana@bayleys.co.nz

Mike Houlker
+64 21 945 927
mike.houlker@bayleys.co.nz

Expressions of Interest
(unless sold prior)

23

Mar

Time4pm
Calander
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Sunil Bhana

Sunil Bhana


Bayleys Real Estate Ltd, South Auckland,
Licensed under the REA Act 2008
Mike Houlker

Mike Houlker


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

Features

Floor Area


8,412sqm (more or less)

Land Area


19195sqm (more or less)

Parking


335 car parks available

Passing Income


Returning $2.74 million + GST net p.a. (approximately)