Secure a quality commercial investment in one of Auckland’s fastest-growing regional centres. This versatile, tenanted property delivers a net return of $80,000 per annum plus GST and outgoings, supported by a long-standing tenant and a lease extending through to 2038 via three-year terms with rights of renewal and biennial rent reviews.
Built in 2016 within the modern The Grange commercial complex, the property enjoys a strategic position in the heart of Warkworth’s rapidly expanding commercial precinct. It represents an excellent opportunity for investors seeking secure income today, while also offering future potential for owner-occupiers.
The substantial corner premises has been designed as a bulk-format retail and warehouse facility, featuring side roller-door access to a dedicated outdoor area. Its versatile layout would suit a wide range of businesses, including automotive, furniture, homewares, trade retail, warehousing, or medical and healthcare services (subject to the necessary approvals).
Warkworth continues to experience significant residential and commercial growth, supported by improved connectivity via the Northern Motorway and a pipeline of new housing developments. With limited commercial stock available for sale and rising land and construction costs, the long-term fundamentals remain exceptionally strong.
The Grange is one of Warkworth’s premier commercial destinations, anchored by national brands including McDonald’s, BP, and Educare Childcare Centre, alongside popular businesses such as The Coffee Club, Tank Juice, St Pierre’s Sushi, and the soon-to-open Re Burger. The complex attracts strong patronage from both the growing local community and passing traffic.
Rarely do opportunities combine a modern building, secure tenancy, prominent location, and excellent long-term growth prospects in such a tightly held market.
New Zealand Sotheby’s International Realty is privileged to be appointed as sole agent. For further information or to arrange a viewing, please contact Mustan Bagasra.
For Sale: Deadline date 30 July ( unless sold prior )
