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Albany

5/252 Oteha Valley Road, Albany, North Shore

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82sqm Floor area

Proven tenant secure income prime location


• Establish tenant Zambrero in occupation since 2016
• Further renewal term and fixed rental increases
• Currently returning $49,850pa + GST with an increase in March 2026
• Secured six-month rental bond throughout the entire lease term

Unit 5, 252 Oteha Valley Road presents an outstanding opportunity to secure a proven retail investment in the heart of Albany's premier commercial precinct.

Leased to Zambrero, a popular national Mexican cuisine brand that has operated successfully from this location since the development was completed in 2016, the property delivers a strong and reliable income stream of $49,850 per annum + GST and outgoings, supported by fixed rental increases and secured six-month rental bond.

Strategically positioned within a high-traffic retail environment and surrounded by major national retailers, this low-maintenance asset benefits from excellent exposure, strong underlying fundamentals, and continued growth in the wider Albany precinct.

An excellent opportunity for investors seeking long-term security, growth, and passive income in one of the North Shore's most established retail hubs.

Auction
(unless sold prior)

Bayleys House, 30 Gaunt Street, Auckland Central

11
Mar

Time11am
Calander
Calendar
Ranjan Unka

Ranjan Unka

Director - Commercial

Bayleys Real Estate Ltd, North Shore Commercial,
Licensed under the REA Act 2008
Steven Liu

Steven Liu

Retail, Development and Investment Sales and Leasing

Bayleys Real Estate Ltd, North Shore Commercial,
Licensed under the REA Act 2008

Features

Occupancy


Establish tenant in occupation since 2016

Zoning


Business - Metropolitan Centre

Floor area details


82sqm (approximately)

Rent review


Further renewal term and fixed rental increases

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