41 Portage Road, New Lynn, Waitakere City, Auckland

SOLE AGENCY   Positioned in the heart of New Lynn’s established commercial precinct, 41 Portage Road presents an exceptional investment opportunity with strong current income and future potential.   This high-profile property is currently leased to two reputable tenants — Baby Factory and The Arena West — delivering a stable annual rental income of $360,000. The split-tenancy structure provides income security, making it ideal for both passive investors and future owner-occupiers.   Key features include:

• Building Area: 1,928m² + Canopy of 202.50m² (more or less)
• Land Area: 4,140m² (more or less)
• Current Net Income: $360,000 p.a.

With generous site dimensions and flexible use potential, this property offers scope for future development or business customisation. Its strategic location and solid fundamentals make it a valuable addition to any commercial portfolio.   Don’t miss the chance to secure a well-tenanted, high-exposure asset in a sought-after Auckland location.   For more information or to book a viewing, contact the sole agents today.

Features:

• Two established tenants
• Flexible zoning suitable for retail and light industrial uses
• Excellent access to key transport routes

More information: https://www.colliers.co.nz/p-NZL67034491