A quality, bite-size investment opportunity
Situated within one of Auckland's most tightly held and highly regarded commercial precincts, this bite-sized property is one of sixteen mixed retail and office properties located at 101 Apollo Drive, Albany - a modern commercial complex that occupies a dominant, high profile road front position. Surrounded by an established amenity base of cafes, restaurants, retail and essential services, the location continues to underpin strong tenant demand and long-term value.
Comprising approximately 119sqm of well-configured workspace the property lends itself to an attractive cross-section of future potential users. As it stands, the property features offices, meeting or consult rooms, an open-plan work area, as well as kitchen and staff breakout facilities. Extensive glazing provides excellent natural light throughout, creating a bright and productive working environment. The property includes four (4) on-site exclusive-use carparks.
The property is underpinned by an existing lease to a specialised medical user. The lease includes rent reviews to a mix of CPI and Market and is set to expire in April 2027.
• Well-established mixed use commercial precinct that continues to attract a strong mix of investors, owner-occupiers and tenants to the area
• Currently occupied by a medical-use tenant on an expiring lease
• Desirable road-front profile first floor property benefitting from both lift and stairwell access, located in a modern commercial complex
• A logical and flexible internal layout plus four (4) on-site, exclusive use carparks
• Excellent public transport connectivity and access to motorway inter-changes
Whether you are an add-value investor seeking a quality bite-size investment opportunity or a business owner needing premises to occupy, this property offers a compelling solution in a tightly held location.
For more detailed information call or email Bayleys leading commercial experts:
Tonia Robertson | 021 619 200 | tonia.robertson@bayleys.co.nz
Ranjan Unka | 021 711 755 | ranjan.unka@bayleys.co.nz
Comprising approximately 119sqm of well-configured workspace the property lends itself to an attractive cross-section of future potential users. As it stands, the property features offices, meeting or consult rooms, an open-plan work area, as well as kitchen and staff breakout facilities. Extensive glazing provides excellent natural light throughout, creating a bright and productive working environment. The property includes four (4) on-site exclusive-use carparks.
The property is underpinned by an existing lease to a specialised medical user. The lease includes rent reviews to a mix of CPI and Market and is set to expire in April 2027.
• Well-established mixed use commercial precinct that continues to attract a strong mix of investors, owner-occupiers and tenants to the area
• Currently occupied by a medical-use tenant on an expiring lease
• Desirable road-front profile first floor property benefitting from both lift and stairwell access, located in a modern commercial complex
• A logical and flexible internal layout plus four (4) on-site, exclusive use carparks
• Excellent public transport connectivity and access to motorway inter-changes
Whether you are an add-value investor seeking a quality bite-size investment opportunity or a business owner needing premises to occupy, this property offers a compelling solution in a tightly held location.
For more detailed information call or email Bayleys leading commercial experts:
Tonia Robertson | 021 619 200 | tonia.robertson@bayleys.co.nz
Ranjan Unka | 021 711 755 | ranjan.unka@bayleys.co.nz
Key features
Accessibility
Desirable road-front profile commercial complex with lift and stairwell access
Location
Albany offers a strong and expanding amenity base, anchored by Westfield Albany, hospitality, education, recreation and a broad range of commercial services
Transport access
The locality is well-serviced by public transport, including frequent bus routes and key commuter connections.
Floor area details
119sqm (approximately)
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