 Asset Class: | Industrial |
 Price: | $ 5555856 |
 Net Yield: | 6.25 % |
Net Yield - including solar strategy: | % |
 Property Market Status: | On Market |
Presented here is 8 and 10 Haultain Street, Mount Eden, Auckland. Discover a distinctive investment opportunity featuring two separate, yet adjoining industrial buildings in the highly sought-after Auckland City Fringe neighborhood of Mount Eden.<br><br>Both 8 and 10 Haultain Street are leased to the same tenant and showcase a pristine appearance following a recent refurbishment, ensuring a well-maintained asset. <br><br>The vendor upgraded the base build of 10 Haultain as it was a bit tired after City Kickboxing were in there for a decade plus. The tenant has then gone and done a significant fit-out. The agent couldn't give you an exact dollar amount but the fit-out would be around a couple of hundred thousand dollar's worth in their opinion, this creates a large drawcard for the tenant to renew their leases in May 2026. Based on the appraisal below there should be significant uplift at the next Market Review on renewal.<br><br>These properties jointly occupy a generous 2,008 square meters of fee simple, Business Mixed Use zoning, offering a solid foundation for an exceptional investment.
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Mt Eden, one of Auckland’s oldest neighbourhoods and the location of Eden Park, is two kilometres from the CBD. Being close to the city centre and charming in the suburbs makes it a highly sought-after location. The properties are situated close to numerous local amenities and affluent customers in this area. In contrast to the lively and exciting neighbouring suburbs of Kingsland and Morningside, Mt Eden is home to a variety of restaurants and boutique shops. There are quick access points to both of the motorways, and Mt Eden also has access to public transportation networks on both the road and rail.<br><br>Auckland is the largest city in New Zealand and the heart of the economy. Home to a wide range of multinational corporations, financial institutions, professional services firms, tech companies and retailers it boasts a thriving commercial sector which drives economic growth and attracts local and international business. Auckland has a well developed transport infrastructure incorporating air, rail, road and sea. Development of major routes continues to improve connections across the city and nearby regions while the city’s airport facilitates global connections. Auckland continues to attract commercial enterprises and professionals, is a dynamic hub of activity and home to a diverse range of industries.
Additional Location Information File<p style=""><span style="font-weight:normal;">Confident, Comfortable & Community Driven Since 2017</span></p><p style=""><br></p><p style=""><span style="">Since the day we started back in 2017, YOUKNOW. has been built bit-by-bit with the help of friends, whanau and most importantly our wider community. The brand couldn’t have started more organically even if we tried. Since those first plain black t-shirts, we’ve always tried to stay true to ourselves. Getting our friends and whanau to model, the super creatives to take the photos & even parents to help pick and pack orders.</span></p><p style=""><span style="">Since then, we have grown and turned this passion project into a reality. We are on a mission to become a household name in fashion in Aotearoa.</span></p><p style=""><br></p><p style=""><span style=""><b>WE JUST USED TO SAY “YOU KNOW!” AS A TERM OF ENDEARMENT. KIND OF LIKE “YOU KNOW, I GOT YOU…”. IT WAS SUCH A CATCHY PHRASE, WE THOUGHT WHY NOT PUT IT ON A T-SHIRT? BOOM! “YOUKNOW. CLOTHING” IS BORN.</b></span></p>
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<ul style="list-style-type:disc;list-style-position:inside;padding-inline-start:20px;"><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Land: 8 Haultain Street - 999 sqm, 10 Haultin Street - 1,009 sqm</span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Two Seperate Buildings with an interconnecting door in place</span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">IEP - 80% (Both Titles)</span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Current Lease - $347,241 + GST per annum (CPI Review in May 2025)</span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Business - Mixed Use Zone</span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Ideal Central Auckland Location - Only 2/3kms from SH1 & SH16</span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Accessible Roller Door & Loading Dock</span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Dual road access from Haultain Street & Wrights Spur for 10 Haultain Street</span></p></li></ul><b><i>8 Haultain Street:</i></b><br><ul style="list-style-type:disc;list-style-position:inside;padding-inline-start:20px;"><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Warehouse - 464 sqm</span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Office - 378 sqm</span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Car parks - 12</span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Total NLA - 842 sqm</span></p></li></ul><b><i>10 Haultain Street:</i></b><br><ul style="list-style-type:disc;list-style-position:inside;padding-inline-start:20px;"><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Warehouse - 275 sqm</span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Office - 575 sqm</span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Storage - 35 sqm</span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Car parks - 12</span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Total NLA - 892 sqm</span></p></li></ul>
