1 Sawmill Road, Riverhead, Auckland
1 Sawmill Road, Riverhead, Auckland, 0892, NZ
7,169 sf
Description
JLL exclusively presents 6/19 Enterprise Drive, Bundoora - a modern industrial investment offering exceptional stability and capital appreciation potential through a newly executed 5-year lease to established franchise Lollipop's Playland in Melbourne's high-growth northern corridor.
Located within the prestigious Graduate Business Park in Melbourne's high-growth northern corridor, the property benefits from direct access to the M80 Metropolitan Ring Road and proximity to La Trobe University and RMIT.
Lollipop's Playland represents premium covenant strength as an established children's entertainment franchise operating across Australia, New Zealand, and Indonesia with over 30 years of proven success and 30+ locations.
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Attributes
Building area net
13,153 sf
Occupancy
100%
Total Annual Rent
$129,991.38
Tenants
Lollipop's Playland
Media
Investment highlights
- Site Area: 1,019 sqm*
- Gross Lettable Area: 1,222 sqm* (including 202.9 sqm mezzanine)
- Construction: Modern precast concrete clear span warehouse
- Features: LED lighting, integrated solar system, 12 car spaces
- Zoning: Special Use Zone
- Passing Rent: $174,972 p.a ($143/sqm)
- Additional Solar Income: $8,643 p.a
- Total Income: $183,643 p.a plus GST
- Lease Term: 5 years (commencing March 2026)
- Rental Reviews: CPI annual increases
- Term: 5 + 5 + 5
For Sale via Expression of Interest closing closing at 3:00pm (AEST) on Tuesday 10th March 2026.
For additional information, to schedule an inspection or to discuss this property in more detail, please don't hesitate to reach out to our exclusive agents listed below.
Contact brokers
6/19 Enterprise Drive, Bundoora (0 Properties)
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Last updated
Mar 24, 2026
