Wynyard Quarter long lease term opportunity

85, Daldy/143 Pakenham/141 Pakenham Streets, City Centre, Auckland City

Tender

Proposed Usage
Retail
Floor Area
742.00 m²
Description:
Property ID
1c6zph1

• 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.

Enquire about this property

City Centre Area