Wynyard Quarter long lease term opportunity
85, Daldy/143 Pakenham/141 Pakenham Streets, City Centre, Auckland City
- Proposed Usage
- Floor Area
- 742.00 m²
- Property ID
• In the heart of Auckland's word-class waterfront Wynyard Quarter precinct
• Fixed annual increases circa 3%
• Diversified tenancy mix with long-term lease profile
Bayleys Real Estate is delighted to offer for sale 10 ground floor retail units (units 2 & 3 and 10 & 11 are combined into one tenancy each) located in the contemporary Wynyard Central mixed-use precinct.
This stunning new complex completed by award-winning company Willis Bond & Co is located in Auckland Central's fastest growing area, Wynyard Quarter. The property presents a highly desirable investment opportunity, combining strategic waterfront location with outstanding long-term lease covenants, including fixed rental growth. The lettable offerings vary in size from 27sqm to 159sqm. Each unit receives frontage profile, from either; Pakenham Street, Daldy Street, Tiramarama Way or Mahuru Lane with all exposed to foot traffic from those living and working in the area. The high-end tenancy mix includes: Williams Eatery, La Petite Fourchette, Wine Runners, Barfoot & Thompson,
Boar & Blade, Studio Pilates, The Rolling Pin, Jacobs & Son and Studio Pacific Architecture.
This asset is one of Auckland's finest retail offerings, providing investors with a low risk and secure investment opportunity.