A tenanted industrial facility in one of South Auckland’s most tightly held precincts offers investors the chance to secure long-term income underpinned by a high-performance location, tenant quality, and new improvements.
Bayleys South Auckland Commercial and Industrial Sales and Leasing director, Paul Steele, is marketing the freehold property at 49 McLaughlins Road for sale by deadline, closing at 2:00 pm on Thursday, 12 March 2026 (unless sold prior), jointly with Savills’ Alex Divers.
Comprising 6,420sqm of modern industrial accommodation on a 10,777sqm (more or less) Business – Heavy Industry-zoned site, the property is offered with a new 10 year lease to long-established manufacturer APD, which has occupied the premises since 2018.
The building is purpose-configured to support the tenant’s operations, featuring substantial power capacity and integrated gantry crane infrastructure.
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Steele says the opportunity is offered to market amid a shift in investor focus, with income security increasingly considered in tandem with asset quality and future relevance.
“Industrial demand across South Auckland remains structurally strong, particularly within this zoning designation, where land availability is constrained, and replacement costs are elevated.
"Wiri stands out for its scale, connectivity and depth of occupier demand, with assets of this calibre rarely traded with such an attractive lease already in place.”
Strategically positioned near State Highways 1 and 20, the Airport precinct, and key freight corridors, the asset benefits from efficient access to Auckland’s national distribution occupiers.
Steele says improvements reflect a focus on operational efficiency and durability, as the facility incorporates high-stud warehousing, purpose-built manufacturing and distribution zones, enhanced power capacity, gantry crane infrastructure, a covered breezeway, sealed yard and full-drive around access, supported by 84 on-site car parks.
A brand-new two-level office provides contemporary workspace, amenities and strong street presence.
Savills Auckland Industrial Sales and Leasing director, Alex Divers, says the tenant covenant is another defining feature of the opportunity.
“The occupier is an established manufacturer with a strong national footprint, operating in a sector supported by long-term infrastructure demand.
"The triple-net lease structure, with fixed annual growth and regular market reviews, provides clear, predictable income with operational simplicity.”
Established in 1984, APD is a market leader in the engineered plastic and polyethylene systems used across stormwater, wastewater, and drinking water infrastructure.
The business services residential, commercial, civil and industrial projects nationwide with a record of long-term revenue growth.
Divers says the alignment between the building’s design and the tenant’s operations is particularly supportive.
“This is a high-performance industrial facility, evidenced by the level of investment in power, configuration and production capability. It reflects a long-term operational commitment, while the underlying design ensures the building remains relevant to a broad range of industrial users over time.”
Additionally, favourable zoning underpins the asset’s future relevance, allowing a broad range of manufacturing and industrial uses within a planning framework that is increasingly difficult to replicate elsewhere across the ‘Golden Triangle’ economic area.
“That combination – location, zoning, tenant, and build quality -is what continues to attract sophisticated capital to South Auckland’s industrial assets,” Steele says.
“In a market where investors are looking for income they don’t have to manage, assets that are functional, well-specified and leased to businesses embedded in essential sectors continue to stand apart,” he says.
- Supplied by Bayleys
