179 Brigham Creek Road, Hobsonville, Waitakere City, Auckland

Positioned in one of West Auckland’s rapidly developing industrial corridors, 179 Brigham Creek Road presents a rare, high-profile freehold investment opportunity. Benefiting from exceptional exposure along Brigham Creek Road and strong traffic flows from SH16, the property offers outstanding long-term visibility underpinning future demand and enduring tenant appeal.   Purpose-built for car wash operations, the site delivers a low-maintenance, high-efficiency landholding with all improvements owned and maintained by the tenant. Featuring multiple dedicated wash bays, dog wash facilities, two Noshpods and space for a food vendor, the property supports strong and diversified operational income.   Zoned Business – Light Industry, the property is ideally suited for long-term commercial use with strong fundamentals in a tightly held location. The established tenant is secured on a 10-year lease from 2022, returning $360,000 pa net + GST, with CPI reviews (ratchet) annually and CPI/market reviews every five years—providing structured income growth and a resilient investment profile.   With profile, low ownership costs and a committed tenant covenant, this is a rare opportunity to secure a simple, hands-off investment in one of West Auckland’s fastest-growing precincts. Contact the agents today to register your interest

Features:

• Annual CPI rental increases, 5 yearly rent reviews to higher of market or CPI.
• Freehold landholding
• Long term tenant- 10 year lease from January 2022.
• High profile roadside position
• Low maintenance investment
• Business - Light Industry Zone
• Returning $360,000 pa + GST
• Great location close to amenities and arterial routes

More information: https://www.colliers.co.nz/p-NZL67038522