25/2 Bishop Dunn Place, Flat Bush, Manukau

Leased office investment - income to 2031

Key features:
• 173sqm (approximately) office unit within a modern 2000s-built commercial complex in Flat Bush
• Currently returning net $47,850pa + GST
• Leased to an established accounting practice to September 2028, with a further renewal to September 2031
• Market rent review due 1 October 2026
• Three allocated car parks plus generous shared complex parking
• Quality office fit-out owned by the landlord and included
• Investors — take note!

Unit 25, 2 Bishop Dunn Place presents a well-configured 173sqm (approximately) commercial office unit within a modern, well-established East Auckland business hub.

The unit is leased to Abacus Accounting Botany Limited, an established local accounting practice, returning net $47,850pa + GST. The current term runs to September 2028 with a further right of renewal extending potential occupancy to September 2031, and a personal guarantee is in place.

This is a genuinely passive holding. The tenant is in occupation and self-sufficient, the lease is net with the tenant meeting outgoings in full, and the body corporate manages the common property, building insurance and exterior maintenance.

The premises are fitted out to a professional standard with reception, partitioned offices, kitchenette and air conditioning, and importantly, the fit-out is owned by the landlord and included in the sale, substantially reducing the cost of any future re-let.

A market rent review falls due on 1 October 2026, giving an incoming purchaser the opportunity to review the rental position shortly after settlement.

This modern office unit forms part of a well-maintained commercial complex surrounded by professional services, education providers and retail operators, positioned within a tidy, established development with ample onsite parking and easy vehicle circulation. The surrounding residential catchment is one of Auckland's fastest growing, with sustained development across Flat Bush, Ormiston and East Tamaki Heights.