Portfolio of the Century, Epsom & Remuera_Property for Sale
Portfolio of the Century, Epsom & Remuera_Property for Sale
St Marks Road, Mauranui Avenue & Remuera Road, Auckland, 1051, NZ

Portfolio of the Century, Epsom & Remuera

Asset Description

JLL as exclusive agents are excited to present the ‘Portfolio of the Century’, offering strategically located sites with reliable cashflow, future upside, development options, and two assets with the ability to occupy. 


A rare and captivating opportunity to secure one, some, or all, of the seven individual assets making up the Portfolio of the Century – consisting of five Ground Lessor’s (freehold) interests and two freehold standalone offering.


The seven assets offer a variety of lessees including internationally owned companies, large car dealerships, and medical practices. Totaling 9,487 sqm of freehold land, and returning approximately $1.425m + GST + operating expenses p.a., this portfolio provides diversity and is a unique and intergenerational collection.


JLL is offering the Portfolio of the Century by way of Tender closing 4.00pm (NZST) Tuesday 17th of September 2024. 

...

Attributes

Land area gross
9,487 m²
NOI
€783,000
WALT
5 years
Number of buildings
7
Zoning
Business - Mixed Use

Media

Investment Highlights

Investment Highlights

  • Reliable and substantial cashflow: Combined annual ground rental of $1,425,058 net p.a.
  • Desirable zoning: All sites are zoned mixed-use, enabling future development upside and options.
  • Premier location: All properties are situated within the tightly held and highly coveted suburbs of Epsom, Newmarket, and Remuera.
  • Occupy and/or develop: Two of the properties provide the owners with the ability to occupy and/or develop in the short to medium term.
  • Prominent Lessee covenants: Lessees include Sime Darby and Giltrap Motor Group.
Portfolio of the Century, Epsom & Remuera 4_Property for Sale
Portfolio of the Century, Epsom & Remuera 4_Property for Sale

Contact brokers

Portfolio of the Century, Epsom & Remuera (0 Properties)

Similar properties

View moreChevron Right
Do you have any questions? visit our FAQ page
View FAQ PageArrow Right
JLL can help you finance and manage your portfolio. Email us today to see how we can help achieve your ambitions.
Last updated
20 Aug 2024