There are few North Shore commercial addresses as high-profile as Wairau Road.
From automotive businesses and trade suppliers to bulk retail and industrial operators, it is a stretch that has earned its reputation for visibility, access and everyday demand.
That’s the setting for 124 Wairau Road, a freehold industrial investment leased to RJ Don Panelbeaters, a long-established North Shore business that has occupied the site since 2009.
The property is for sale by Deadline Private Treaty closing 4pm, Thursday 2 July 2026, unless sold prior.
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The tenant is well matched to its surroundings. Sitting in the heart of Wairau Valley’s industrial precinct, the property benefits from a road-front position among car dealerships, trade operators, showrooms and service businesses.
The asset returns $165,970 + GST per annum and comprises approximately 783sq m of total gross floor area on a 1,525sq m freehold site.
The building is heavily weighted towards warehouse use, with around 655sq m of warehouse space supported by office, amenities, mezzanine storage, entry area and on-site parking.
Barfoot & Thompson Commercial broker David Herron, who is marketing the property with colleague Max Andrews, says the appeal lies in the combination of income, location and tenant history.
“RJ Don Panelbeaters has been operating from this site for 17 years, which says a lot about how well the property works for this type of business,” Herron says.
“For investors, it offers established income, a proven occupier and a position right in the middle of the activity Wairau Road is known for.”
Zoned Business – Light Industry under the Auckland Unitary Plan, the property benefits from an Identified Growth Corridor Overlay, offering future flexibility subject to the relevant planning and consent requirements.
The location provides access to the Northern Motorway via Tristram Avenue, Northcote Road, Sunnybrae Road and Taharoto Road, while nearby businesses include Pak’nSave, Bunnings, Mitre 10, Kennards, Continental Cars BMW and Tai Ping Asian Grocery.
Andrews says the freehold landholding adds further weight.
“Commercial and industrial land on the North Shore is finite, so well-located freehold sites continue to be tightly held,” he says.
“This property has the fundamentals investors look for: income, profile, access and a location with enduring occupier demand.”
- Supplied by Barfoot & Thompson
