Unit 1&5/32 Constellation Drive, Rosedale, North Shore City

This is your chance to secure a standout investment in one of Auckland's busiest commercial corridors. Located on high-profile Constellation Drive, these two modern, fully leased retail units represent nearly 50% of a popular five-unit complex and deliver solid, diversified income from well-established tenants.

Unit 1 – Corner profile with dual income streams

• 346m² total floor area  

• (173m² ground-floor retail + 173m² first-floor studio)  

• Leased to a thriving Brazilian restaurant and a long-standing yoga/meditation studio  

• Prominent corner position with excellent exposure and steady foot traffic

Unit 5 – High-stud gym tenancy

• 398m² high-stud retail/commercial space  

• Occupied by a well-known national gym franchise, drawing regular clientele and strong brand recognition

Why this investment stands out:

• Combined net rental income: $283,480 + GST p.a.

• Contemporary 11-year-old complex with 30 shared car parks (including accessible spaces)  

• Excellent tenant mix in a thriving commercial pocket  

• Located within the NPS-UD zone, offering long-term redevelopment potential  

• Option to purchase one or both units – ideal for diversified portfolio strategies  

• Low-maintenance structure and strong lease covenants

Whether you're seeking reliable passive income, a strategic land bank, or a future redevelopment play, this opportunity delivers on all fronts.

The vendor is open to all serious offers. Now is the time to make your move.

Contact the agent for further details or to arrange a private viewing.

See this listing on Barfoot & Thompson