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Wairau Valley

1A/89 Ellice Road, Wairau Valley, North Shore

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146sqm Floor area
13 Offstreet

High-exposure food retail, low risk investment


Key features:
• Desirable road front building with 13 exclusive car parks
• New five-year lease returning $69,100pa + GST and outgoings
• Built-in market and annual fixed rental review
• Established food tenant with bank and personal guarantee

Offering a rare and compelling opportunity for savvy investors, this prime commercial property features high-visibility road-front exposure and 13 exclusive car parks, making it a standout investment. It is currently home to a well-established tenant trading as Novelty Sweets & Restaurant, with a secure lease structure that includes built-in market and annual fixed rental reviews, as well as both bank and personal guarantees, ensuring long-term stability and peace of mind.

With a new five-year lease extending until October 2029 and renewal options through to 2044, investors can expect a reliable annual rental return of $69,100 + GST and outgoings. This is a versatile, modern unit in an established industrial/commercial precinct. Call the listing agents today for more information or to arrange a viewing.

Tony Chaudhary
021 995 121
tony.chaudhary@bayleys.co.nz

Steven Liu
021 808 579
steven.liu@bayleys.co.nz

For Sale by Deadline Private Treaty
(unless sold prior)

2 Harris Road, East Tamaki, Auckland

16
Apr

Time3pm
Calander
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Tony Chaudhary

Tony Chaudhary

Retail, Investment and Industrial Sales

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

Steven Liu

Retail, Development and Investment Sales and Leasing

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

Features

Opportunity


New five (5) year leasing term returning $69,100pa + GST and outgoings

Parking


13 exclusive car parks

Prime frontage


A fantastic road-front property in Wairau Valley

Floor area details


121sqm (approximately) floor area plus an additional exclusive outdoor area of 25sqm (more or less)

Have your questions answered

Our agents are experts on all things in the property market, if you haven't found what you're looking for, please enquire with the listing agent now to have all of your property questions answered.

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