Wayne Muir

Tender: Closes on Thursday 9 May 2024 at 3:00PM (will NOT be sold prior) The property comprises 1,510m² of land situated in Mangere Bridge, with resource consent granted in March 2022 for 19 units over 3 levels, comprising six two-bedroom units and 12 one-bedroom units.The location provides easy transport access to the motorway and is in close proximity to Auckland Airport.This location provides multiple development options for the existing 19-unit residential consent or for a motel/hospitality use.1,510m² land zoned Residential - Mixed Housing UrbanResource consent granted for 19-unit developmentLevel site in established areaCall now for more details

Barfoot & Thompson Commercial are pleased to offer this unique holding, comprising the sub-lessor’s interests of the land encompassing the Scene 3 building and the Countdown Supermarket at Quay Park, Auckland CBD.The offer comprises a ground rental margin of 2.5% on the apartments, being the difference between the rental payable to the head lessor at 5.0% of land value and that received from the sub-lessees at 5%, being the various unit owners for Scene 3 at 7.5%.The property interests comprise 167 individual ground lease titles and each title comprises a ground lease for a fixed term of 150 years expiring 1 August 2146 with rent reviews at seven yearly intervals. The current net income is circa $1,097,250, providing a substantial ongoing cash flow.Net income circa $1,097,250 per annum150-year lease term expiring 2146Seven-year rent reviewsUnique investment with substantial ongoing cash surplusHigh yield on offerCall now for more details

Rare opportunity to secure the whole first floor comprising two titles in this well-presented, modern low rise office building.Situated in the heart of the CBD, the immediate area is very popular with professional office users with its proximity to Queen Street and Shortland Street.Unit 1A comprises approximately 137.5m² and is vacant.Unit 1B comprises approximately 323.6m² and is currently leased to three tenants. The units are for sale separately or together as one package.The units provide a perfect opportunity for owner-occupiers or investors.KEY FEATURES:Whole or part floor availableUnit 1A 137.5m² and unit 1B 323.6m², total 461.1m² including common areaModern low rise buildingFantastic central city locationIdeal for owner-occupiers or investorsBoth units for sale separately or together as one package

Discover a rare gem in the heart of Auckland CBD, where culinary dreams meet waterfront elegance, we present to you a brilliant opportunity to own a commercial property that is fully fitted out as a restaurant located just approximately 50 metres from the picturesque waterfront in one of the busiest parts of Auckland CBD.Previously a well-established Chinese restaurant for many years, the tenant has now moved on and this extraordinary property is now awaiting its new owner. The approximately 549m² fully fitted out internal floor space includes a reception, large dining hall, private dining rooms, bar, large kitchen and a chiller room, storage rooms and separate toilets. It features high ceilings and a spacious covered courtyard well over 100m².It is easily accessible with five designated car parks in front of the property and the Britomart carpark building right opposite.Asking just $500,000 for this Leasehold title, with 123 years remaining on the lease and annual outgoings at approx. $150,000 per annum, this is an extraordinary opportunity not to be missed.

89 Grafton Road is located opposite Auckland City Hospital and is within walking distance to Auckland University, AUT, and the CBD.The five-level office building provides approximately 2,131m² of total floor space with 54 car parks, and is situated on 1,386m² of Mixed Use zoned land with a 27m height limit. The property is well positioned to take advantage of the huge demand from the healthcare sector for medical related services, student accommodation, residential apartments, and hotels.There are several options for purchasers to explore including adding further levels to the existing building and/or constructing a new tower at the rear of the site.KEY FEATURES:1,386m² Freehold site opposite Auckland HospitalMixed Use zone - 27m height limitFloor area approximately 2,131m²Current passing net income circa $342,000 with a potential fully leased income of $613,000High growth locationFuture development potential

Dating from 1986 the building has an A+ seismic rating, has been refurbished from original and will be sold as a vacant Freehold including chattels, allowing an operator an immediate start. With city bus services almost at the door on Queen Street, access to all points and motorways is easy.Land area of 810m² in addition to approximately 3,296m² total GFA over 11 levels, ground floor and basement 82 hotel rooms on-site A+ IEP reportTwo passenger lifts Zoned City Centre 15 car parks This fully operational hotel represents a rare offering with over eight levels, car parking and excellent outlooks just 50 metres from Queen Street. Major education institutions are within walking distance as well as K'Rd. The City Rail Link will extend through the existing rail line that connects Britomart, Albert Street, Vincent Street and Pitt Street before crossing below K'Rd and the motorway junction to Symonds Street. This will connect with service lines at Eden Terrace which is foreseen to improve the transport hubs around the subject property.This is a turnkey hotel asset.

This high-profile development site is situated in the highly desirable and affluent suburb of Epsom, within the sought-after Double Grammar zone.The property comprises 1,537m² of development land in two titles, zoned Business - Mixed Use with a height limit of 18 metres.With an approved resource consent for a eight-level apartment building, this property provides the perfect opportunity for developers looking for their next project.1,537m² land zoned Business - Mixed Use 18 metre height limit Prime Epsom location - DGZ Resource consent in place for eight level apartment building Same ownership for over 40 years Call now for more details