An excellent opportunity to secure a well-located commercial investment in the heart of Rosedale’s established business precinct. The property provides diversified income across two commercial tenancies, a combined rental of $100,750 per annum + GST, eight allocated car parks and attractive lease structures providing both income security and future rental growth.
One tenancy is secured to an established national business, while the second benefits from a new five-year lease commencing 1 October 2026. With structured rental reviews and recoverable operating expenses, this is an attractive proposition for investors seeking a manageable North Shore commercial investment.
Key Features
- Combined rental income of $100,750 per annum + GST
- Two separate commercial tenancies providing diversified income
- Approximately 320m² of combined accommodation
- Established national tenant occupying approximately 135m²
- Second tenancy of approximately 185m² secured on a new five-year lease from 1 October 2026
- Further rights of renewal providing long-term occupancy potential
- 3% annual rental growth within the new lease, except where a market review applies
- Prominent Apollo Drive position within the established Rosedale commercial precinct
- An attractive split-risk investment with built-in rental growth
For further information or to arrange an inspection, contact the Sole Agents:
Janet Marshall 021 684 775 or Shoneet Chand 021 400 765
Features:
* Combined rental income of $100,750 per annum + GST
* Two separate commercial tenancies providing diversified income
* Approximately 320m² of combined accommodation
* Established national tenant occupying approximately 135m²
* Second tenancy of approximately 185m² secured on a new five-year lease from 1 October 2026
* Further rights of renewal providing long-term occupancy potential
* 3% annual rental growth within the new lease, except where a market review applies
* Prominent Apollo Drive position within the established Rosedale commercial precinct
* An attractive split-risk investment with built-in rental growth
