51-53 Elizabeth Knox Place, St Johns, Auckland

St Johns split-risk investment with rental upside

• Two (2) separately titled industrial units with prominent road frontage
• Leased to two (2) tenants, generating a combined net income of $83,082.89pa + GST
• Rare investment in a tightly held industrial precinct

Offered to the market for the first time in 40 years, this standout industrial investment presents a rare opportunity in one of Auckland's most sought-after industrial locations. Comprising two (2) separate titles, the property offers a split-risk profile with diversified income streams. Unit 51 (225sqm approximately) is leased to a long-standing commercial maintenance business, while Unit 53 (396sqm approximately) is occupied by a reputable local gym with a strong client base drawn from the Eastern Bays.

With a market rent review early in early 2026 for unit 51, purchasers have the opportunity to unlock rental upside in the near term, adding further value to an already solid investment.

Matt Dell
027 221 9735
matt.dell@bayleys.co.nz

James Valintine
021 023 71868
james.valintine@bayleys.co.nz