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Strategic Investment in Booming Location

2-12 Henry Tayler Rise, Wainui, Rodney, Auckland

Retail | Land Area: 1,798sq m| High quality, newly constructed development in booming Auckland location | Returning $754,904 pa net + GST|

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The opportunity

Colliers is proud to exclusively present this brand-new, fully leased neighbourhood centre in the heart of Milldale. 

Features

  • Returning $754,904 pa net and GST
  • High quality, newly constructed development
  • Fully leased with 14 tenants and 6-year WALT
  • Mix of cash bonds and bank guarantees
  • Complimentary tenant mix
  • Fixed annual or CPI Rent Reviews
  • 1,338sq m Net lettable area
  • 1,798sq m combined land area
  • Two titles provide future flexibility
  • High growth Auckland location

Contact Shoneet Chand on +64 21 400 765 or Matt Prentice on +64 21 464 904 for more information.

* Boundary lines are indicative only 


Highlights

Returning $754,904 pa net + GST

Developed by the highly reputable Broadway Property Group, this high-performing asset is anchored by 14 tenants and returns $754,904 net per annum + GST. With a strong 6-year WALT and annual rental growth, this is a rare opportunity to secure a long-term, diversified income stream, in a high growth location. 

The property comprises 1,338sq m of net lettable area on 1,798sq m of freehold land, split across two titles for future flexibility. Zoned ‘Neighbourhood Centre’ under the Auckland Unitary Plan, the centre further benefits from fixed annual or CPI rent reviews and a complimentary mix of tenants including a café, Pizza Hut, liquor store, offices, sushi store, takeaway’s, beauty services, bakery etc.

High growth Auckland location

Positioned on a prime corner site directly opposite Waterloo Reserve, the centre enjoys excellent visibility and accessibility in one of Auckland’s fastest-growing suburbs. With a projected population of over 15,000 residents and over 4,000 dwellings on completion, the Milldale Neighbourhood Centre is positioned to become a vibrant hub for retail, hospitality, and essential services, supported by strong demand, and limited nearby supply.

This exciting new offering must be seriously considered – call either of the Sole Agents today to register your interest.

The agents

tony marsh

Shoneet Chand

Director | Investment Sales


+64 21 400 765

Licensed REAA 2008

Email Now
tony marsh

Matt Prentice

Director | Industrial Sales & Leasing  


+64 21 464 904

Licensed REAA 2008

Email Now

Location

For Sale

Asking Price $12,580,000 + GST (if any).

Enquire

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