High-profile investment with rental upside
• Split-risk investment with establish tenant in occupation
• New tenant secured for the vacant tenancy, subject to resource consent
• Annual net rental to increase upon satisfaction of conditions and commencement of new lease
• Fixed rental growth provisions
• Eighteen (18) exclusive on-site car parks
• High-profile location with exceptional exposure to passing traffic
234A Archers Road presents an opportunity to acquire a well-located commercial investment in the heart of Auckland's tightly held Wairau Valley precinct. The property is anchored by Snap Fitness, with the remaining tenancy having been secured by a new tenant, subject to resource consent.
This provides purchasers with the benefit of an established income stream together with the potential for increased income once the consent is granted and the new lease commences.
Positioned in the heart of Wairau Valley, the property is surrounded by major national retailers including Mega Mitre 10, Bunnings, Pak'nSave and Chemist Warehouse. The location benefits from excellent exposure, strong vehicle traffic and convenient access to key arterial routes, supporting continued tenant demand and long-term investment appeal.
Opportunities to acquire quality commercial assets in Wairau Valley remain tightly held. This is an opportunity to secure a strategically located investment with immediate income and future upside.
• New tenant secured for the vacant tenancy, subject to resource consent
• Annual net rental to increase upon satisfaction of conditions and commencement of new lease
• Fixed rental growth provisions
• Eighteen (18) exclusive on-site car parks
• High-profile location with exceptional exposure to passing traffic
234A Archers Road presents an opportunity to acquire a well-located commercial investment in the heart of Auckland's tightly held Wairau Valley precinct. The property is anchored by Snap Fitness, with the remaining tenancy having been secured by a new tenant, subject to resource consent.
This provides purchasers with the benefit of an established income stream together with the potential for increased income once the consent is granted and the new lease commences.
Positioned in the heart of Wairau Valley, the property is surrounded by major national retailers including Mega Mitre 10, Bunnings, Pak'nSave and Chemist Warehouse. The location benefits from excellent exposure, strong vehicle traffic and convenient access to key arterial routes, supporting continued tenant demand and long-term investment appeal.
Opportunities to acquire quality commercial assets in Wairau Valley remain tightly held. This is an opportunity to secure a strategically located investment with immediate income and future upside.
Key features
Anchor tenants
Leased to national tenants Bargain Chemist & Snap Fitness on eight-year terms
Parking
Eighteen exclusive on-site car parks
Growth
Eighteen exclusive on-site car parks
Location
High-exposure location with high volume passing vehicles
Need help with finance?
Vega is Bayleys’ preferred finance adviser for business, providing advice services across residential, business, property development, commercial lending and insurance.