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Colliers New Zealand Ltd (Licensed: REAA 2008) - Auckland South, (Licensed: REAA 2008)

54 Stonedon Drive, East Tamaki

Deadline sale by 9 Sept

Listing Description

Listed: Fri, 7 Aug

A-Grade Investment - 8yr Lease!

54 Stonedon Drive, East Tamaki, Manukau City, Auckland

Details

  •   1665m² Floor
  •   2980m² Land
AttributeValue
Property use
Industrial
Agency reference
NZL67041634

Description

SOLE AGENCY

For Sale by Deadline Private Treaty closing 4pm on Wednesday, 9 September 2026 (unless sold prior).

A-grade industrial investment in one of Auckland’s most tightly held industrial precincts.

This standalone facility compromises a modern 1,666m² building made up of 255m² quality single level offices and 1,354m² high stud tilt slab warehouse on a 2,980m² site. Designed for operational efficiency, the property also features excellent container access, a secure concrete yard, conveniently located parking, ?107m² of canopy over 2 roller doors while the building itself provides the perfect mix of 15% office to warehouse ratio. 

The investment is underpinned by a brand-new eight-year lease to Waterware, one of New Zealand’s leading plumbing, heating and bathroomware suppliers. With 39 years in business and 23 years of occupancy at this location, Waterware provides investors with a proven and long-standing covenant.

Strategically located in the heart of East Tamaki, the property is approximately 1km from the Highbrook Drive, Cryers Road and Allens Road intersection, less than 4km from State Highway 1, and surrounded by many of New Zealand’s premier industrial occupiers, including DHL, Mainfreight, Fisher & Paykel and NZ Post.

Industrial investments of this calibre are seldom offered to the market. Combined with a long-term lease, established tenant and prime East Tamaki location, this is a compelling opportunity for discerning investors seeking secure income and enduring value.

Contact the sole agents for more information or to arrange a viewing:

Ben Cockram                  +64 21 245 5855 Josh Franklin                  +64 21 990 714 Paul Higgins                   +64 21 549 226

Features:

  • Total building of 1,666m² on a 2,980m² site
  • New 8-year lease from settlement
  • Returning $360,000 net p.a. + GST
  • Annual fixed rent increases along with market rent reviews within the lease structure
  • Long-standing tenant
  • 100% NBS (A-grade) seismic rating
  • High-stud warehouse (7.5m rising to 9.1m), two canopy-protected roller doors
  • Tilt slab construction, fenced concrete yard with container capacity
  • Immaculate single-level offices, 15% office-to-warehouse ratio

Deadline Private Treaty

More information: https://www.colliers.co.nz/p-NZL67041634


Property Files

Ben Cockram

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Colliers New Zealand Ltd (Licensed: REAA 2008) - Auckland South, (Licensed: REAA 2008)

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