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Albany

C4/63 Apollo Drive, Albany, North Shore

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265sqm Floor area
4 Offstreet

Prime investment opportunity


Worthy of your attention, C4, 63 Apollo Drive, Albany, presents buyers with a rare chance to acquire a fully-leased, hands-off commercial investment in one of Auckland's most sought-after commercial hubs.

This property combines 168sqm of quality office space with optimised spatial planning for a professional atmosphere, plus 97sqm of functional storage and 4 dedicated carparks, delivering the versatility investors and occupiers have been chasing hard over recent years. This blend of office and storage has consistently outperformed traditional office-only spaces in recent times, driven by occupier demand for flexibility and functionality.

Underpinning the return is a lease to a quality tenant, commencing October 2023 on an initial 4-year term, with two further 3-year rights of renewal. In a market where vacant office stock dominates, opportunities to purchase well-leased, income-generating properties such as this are exceptionally scarce.

With the Reserve Bank tilting towards rate cuts ahead, capital values and yields are on course for recovery. Decreasing term deposit returns are fueling reinvestment into commercial property, and this property sits squarely in the sweet spot for active investors seeking both immediate income and attractive holding upside. Albany remains a blue-chip location.

As this comes with the added benefit of tailored finance solutions available via a dedicated mortgage broker tapped directly into the major trading banks, this is a clean, ready-to-go opportunity for investors who understand timing is everything.

Enquire today - our sellers are ready to deal.

Expressions of Interest
(unless sold prior)

19
Mar

Time4pm
Calander
Calendar
Tonia Robertson

Tonia Robertson

Investment and Development Sales and Leasing

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

Features

Opportunity


Split-risk tenanted investment opportunity

Location


Blue-chip Auckland location

Occupancy


Secure income from a quality tenant.

Floor area details


265sqm of mixed office plus storage

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