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Diversified Income Stream

11-15 Westhaven Drive, Saint Marys Bay

Office Building
dollar

Deadline Sale

Floor area
5655m2
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Map

Property details

Listing # 033585Q21 | Listed on 13 April 2022

Pier 21 offers a diversified income stream across multiple sectors including dry stack, marina, office, marine based trade and hospitality.

Sitting between Wynyard Quarter and Westhaven in the Auckland CBD, Pier 21 is well positioned on a prime waterfront site with deep water access.

The substantial 1.2ha site with adjoining water space licence provides opportunities for future redevelopment to take advantage of the growing demand for boat storage.

Investment highlights:

- Forecast FY22 net income of $2.2 million+
- Substantial marine going concern including a drystack (187 berths), marina (46 berths), a haul-out and hardstand business including workshop
- Boutique office building with expansive views and significant character retail frontage (Office c.3,740sqm Retail c.1,915sqm)
- 159 on-site car parks

For Sale by Expressions of Interest (EOI) closing Thursday 22 July 2021 at 4:00pm NZST (unless sold prior).

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