Three retail units in a prominent mixed-use commercial development in Silverdale are available for purchase, giving buyers the opportunity to acquire a stake in a rapidly developing Hibiscus Coast location.
Units 2, 5, and 9, 1 Alberto Lane, Silverdale, are occupied by established retail and food and beverage tenants as part of a wider 12-unit complex. The units range in size from 81sq m to 108sq m and are being sold individually.
The highly visible retail hub where the units sit is located at the entry to Silverdale and benefits from strong exposure to Hibiscus Coast Highway.
Each individual tenancy includes annual rent reviews – a mix of fixed, CPI, and market mechanisms – and rights of renewal, ensuring a balanced income profile and future growth potential.
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The stratum in freehold properties are zoned Business – General Business Zone under the Auckland Unitary Plan.
Colliers Brokers Shoneet Chand, Matt Prentice, Paddy Mackenzie, and Jimmy O’Brien have been exclusively appointed to market the properties for sale via deadline private treaty closing at 4pm on Tuesday 13 October 2026, unless sold prior.
Unit 2 (108sq m) and is occupied by Inside Africa, a family-owned enterprise that began trading in Howick in 2001. The company’s current three-year lease runs until July 2028 and there are two rights of renewal for three years each. The total net annual rental income from the property is $58,401 plus GST and operating expenses.
Unit 5 (81sq m) is tenanted by Vapo, a nationwide retailer with over 30 stores that offers vaping products and a vape recycling programme. Their three-year lease, backed by a 12-month bank guarantee, runs until April 2028, and the business also has two rights of renewal for three years each. The total net annual rental income from the property is $43,843 plus GST and operating expenses.
Kebabs on Shore occupies Unit 9 (83sq m). Their four-year lease began in February 2024 and there are two further rights of renewal for three years each. The total net annual rental income from the property is $46,229 plus GST and operating expenses.
Chand, Director of Investment Sales at Colliers, says the units offer flexibility for buyers.
“Prospective purchasers have the chance to acquire one or multiple units and these properties sit as an appealing entry-level investment opportunity,” Chand says.
“Built-in rental growth in the form of annual CPI increases and future market reviews will grab the attention of investors.”
Prentice, Director of Sales and Leasing at Colliers, says key features of the wider precinct are its accessibility and street exposure from its elevated road front position.
“The development provides approximately 71 car parks across ground and upper parking levels. The shared parking provision supports the service-based tenant mix and offers convenient access for customers,” Prentice says.
Silverdale is one of Auckland’s fastest-growing locations and the wider area’s population has grown significantly during the past decade with multiple masterplanned housing schemes reshaping the area.
Mackenzie, Investment Sales Broker at Colliers, says Silverdale continues to benefit from improved transport infrastructure and connectivity.
“These well-presented modern units were developed by the highly reputable Matvin Group, who completed the development to service this rapidly growing area,” Mackenzie says.
“The surrounding suburbs of Milldale and Millwater have experienced considerable housing growth in recent years, contributing to a significant jump in the population in the wider catchment.”
O’Brien, General Manager at Colliers Auckland North, says the units are well placed to benefit from the continued need for commercial services in Silverdale.
“These units are home to established local businesses with leases that are underpinned by a mixture of personal and bank guarantees,” O’Brien says.
“With appealing investment fundamentals in place, they offer a compelling opportunity for investors looking to acquire an asset in a proven growth location.”
- Supplied by Colliers
