A commercial building in the South Auckland suburb of Manurewa tenanted by blue-chip operator CityFitness is available for purchase, giving buyers the opportunity to acquire a high-quality, bottom-drawer investment.
Located at 6-8 Maich Road, the property has 1,551sq m of building area on a 3,052sq m freehold site.
CityFitness is a leading national health and fitness operator with more than 60 facilities across New Zealand. Total revenue from the City Fitness Group topped $120 million in 2025. Their nationwide membership base is the largest in the country.
They have a nine-year lease in place at the subject property that will begin on settlement with two further rights of renewal of six years each, leading to a final expiry in 2047.
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The total net annual rental income from the lease agreement is $630,944 plus GST and outgoings, while there is 4 per cent fixed growth every two years with market rent reviews scheduled for each renewal.
Sitting on a prominent site with over 90m of frontage, this building benefits from a strong street presence and high levels of visibility, while offering convenience to customers through on-site car parking.
Colliers Brokers Ryan Gibb, Mike van der Putten, and Ronal Prasad have been exclusively appointed to market the property for sale via deadline private treaty closing at 4pm on Thursday 2 April, unless sold prior.
Gibb, Investment Sales Broker at Colliers, says the property will appeal to prospective purchasers seeking an asset with a steady rental stream and a premium tenant.
"There is significant income generated from the property, underpinned by the presence of a nationally renowned and established tenant with a proven track record in this busy location," Gibb says.
"The building's scale is unique in this area with a lack of large format options for occupiers and would be a strong addition to the portfolio of an investor."
The subject property sits within Manurewa s'town centre with Southmall, New World, Manurewa train station, and the bus interchange all within walking distance of the site.
Van der Putten, Director of Capital Markets at Colliers, says Manurewa is a growing suburb that offers excellent access to public transport, the motorway network, and local amenities.
"Manurewa has seen multiple new housing developments come online in recent years, which has modernised the surrounding area and added depth to the catchment for retailers in the town centre," van der Putten says.
"Data from Infometrics notes the Manurewa Local Board area has grown rapidly in the past three years, at a much quicker rate than the national figure. In the five years to 2025 we have seen population growth of 6.8 per cent."
Prasad, Associate Director of Investment Sales at Colliers, says having the chance to secure an asset with a nationally recognised tenant will catch the eye of discerning investors.
"With a presence across New Zealand, CityFitness has made themselves one of the country's most popular brands in the health and fitness industry. Since establishing their operations on these shores in 2000, they have grown a large membership base and they continue to invest in their offering," Prasad says.
"The large format model that CityFitness utilises drives strong daily patronage at their gyms. The property has key investment fundamentals that buyers are searching for such as a strong tenant covenant and a steady rental stream, while the building is located in a rapidly growing suburb."
- Supplied by Colliers
