Secure a blue-chip, set-and-forget investment anchored by one of Australasia’s most dominant retail brands. This premium retail unit at G07, 102 Pakuranga Road, Pakuranga delivers immediate stability and built-in growth. Leased to Chemist Warehouse, a globally recognised pharmacy powerhouse, this asset offers the kind of covenant strength and income security that many investors actively pursue.
•Holding Income of approximately $208,872.66 p.a. + OPEX + GST
•Elite Tenant Covenant - Chemist Warehouse, international retail giant
•Structured rental reviews and CPI offering built in growth
•High-exposure strategic location on a major arterial route
•Set to benefit from the Eastern Busway transformation
•Surrounded by strong growing local catchment
•Walking distance to Top Auckland Private school
This is not just another retail property. It's a high-performing investment-grade asset delivering reliable cashflow and automatic rental growth . The Eastern Busway transformative transit project will place a dedicated rapid transit station virtually on the doorstep of this property when it opens. With bus rapid transit connections extending from Pakuranga through Botany to Manukau, the immediate catchment is set to grow substantially in both population and spending power.
One of New Zealand's most prestigious private school, St Kentigern College only within walking distance to the property ensures a consistent, high-quality residential catchment and sustained daily foot traffic from a highly engaged community.
It is a deeply rooted and high-income suburban corridor with enduring commercial demand. The property is underpinned by strong population growth, established retail infrastructure, and continued urban development ensuring long-term tenant demand and asset resilience. Opportunities of this calibre, with this level of income and tenant strength, are tightly held and seldom available. Enquire now to secure a cornerstone addition to your portfolio!
