An industrial property with an established tenant on a long-term lease in the northern Auckland suburb of Silverdale is being presented to the market for sale.
Located at 30 Anvil Road, Silverdale the property has 772sq m of net lettable area on an elevated 1,705sq m freehold site that is zoned Business – Light Industry Zone under the Auckland Unitary Plan.
The property is home to Solution Foods, a business with significant expertise in developing recipes at scale for some of New Zealand’s largest food suppliers.
Their current lease runs until May 2030 with a further right of renewal for four years. The agreement provides $158,204 plus GST and operating expenses in net annual rental income.
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Located in the industrial and commercial hub of Silverdale, 30 Anvil Road offers excellent connectivity and accessibility. Positioned just off Foundry Road, the property benefits from easy access to the Northern Motorway via the Silverdale interchange, ensuring seamless travel to Auckland’s CBD and surrounding areas.
The Business – Light Industry Zone anticipates industrial activities that do not generate objectionable odour, dust, or noise. This includes manufacturing, production, logistics, storage, transport, and distribution activities.
Colliers Directors Matt Prentice, Shoneet Chand, and Jack Tuson have been exclusively appointed to market the property for sale via deadline private treaty closing at 4pm on Tuesday 6 May, unless sold prior.
The food preparation and utility area at the property spans 602sq m while the office and amenities measure 170sq m. There are 10 car parks and additional yard space, adding to its overall functionality.
Prentice, Director of Industrial Sales and Leasing at Colliers, says buyers will be drawn to the opportunity to acquire a property with a strong tenant covenant in a prime Silverdale location.
“This essential business has been operating from this purpose-built facility since 2013. The tenant’s established presence makes this an appealing hands-off investment,” Prentice says.
“The well-structured lease agreement offers guaranteed growth along with future market rental reviews, adding another layer of appeal for prospective purchasers.”
Silverdale is a rapidly expanding area with a strong mix of industrial, retail, and residential developments. Nearby amenities include Silverdale Mall, major retailers, and a growing commercial precinct.
With continued investment in infrastructure and business growth, this location is well positioned for long-term success.
Chand, Director of Investment Sales at Colliers, says a motivated vendor has advised that all offers are to be presented.
“Affordable freehold industrial investments underpinned by land value such as this one rarely come to the market in Silverdale,” Chand says.
“Its level entry and wide road frontage provide excellent potential for future development beyond the existing lease.
“Buyers with a long-term view may wish to explore the scope of repositioning or developing the site to maximise the full value of the landholding.”
Tuson, Associate Director of Industrial at Colliers, says the property has strong underlying investment fundamentals.
“Industrial property remains a coveted asset class among investors and this property has considerable appeal owing to its long-term lease to a settled tenant in a functional property that continues to meet the needs of its business operations,” Tuson says.
- Supplied by Colliers
