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A/2 Swamp Kauri Grove, Takanini, Papakura

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327sqm Floor area

For Sale by Negotiation

New building, 10-year WALT, Takanini

• Modern construction with outstanding amenities completed in 2022
• Substantial tenant fitout in busy centre with tenants trading well
• Weighted average lease term (WALT) of 10 years
• Currently returning $181,554pa + GST and OPEX from three tenants
• 100% plus NBS-rated structure, and multiple builder warranties still in place
• Standalone retail building spanning 327sqm (approximately) on 883sqm (more or less) freehold land
• Zoned Residential - Mixed Housing Urban Zone

Placed in the heart of the fast-growing McLennan Takanini area, this property benefits from a bustling residential community. It's the only commercial spot in the entire McLennan development area, promising less competition and a captive market.

Fully leased to three tenants, generating an annual net rent of $181,554pa + GST and OPEX. Fixed rent growth ensures a reliable income source.

High-quality structure, builder warranties, and substantial investment from tenants in high-quality tenant fitout promise low-hassle ownership and minimal maintenance. Dedicated on-site parking adds to the property's appeal, ensuring easy access for customers and tenants.

This high-quality, modern retail development offers an opportunity for investors seeking a stable income stream and potential long-term growth. Its strategic location, exclusive commercial zoning, secured leases, fixed rental growth, and emphasis on quality and convenience make it an enticing prospect in the vibrant and expanding McLennan Takanini residential area.

Call the sole listing agents for more information:

Piyush Kumar
027 410 4750

Tony Chaudhary
021 995 121

Piyush Kumar

Piyush Kumar

Commercial and Industrial Sales and Leasing

Bayleys Real Estate Ltd, South Auckland,
Licensed under the REA Act 2008
Tony Chaudhary

Tony Chaudhary

Retail, Investment and Industrial Sales

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


Floor area

Standalone retail building spanning 327sqm (approximately)

Land area

Freehold land of 883sqm (more or less)


Residential - Mixed Housing Urban Zone


100%+ NBS-rated structure

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