200 NEILSON STREET
ASSET TYPE // INDUSTRIAL
LOCATION // PENROSE
ACQUISITION DATE // MARCH 2026
TENANT // BLAIRS Supertyre Distributors
KEY DETAILS
A 9,930 sqm freehold Heavy Industry-zoned site improved with functional 1960s industrial workshop and warehouse buildings, sealed yard areas, and onsite parking. The location benefits from strong arterial exposure, excellent access to SH20 and SH1, and proximity to both the Auckland CBD and Airport.
A centrally located, Heavy Industry-zoned site with strong arterial profile and excellent multimodal connectivity (motorway, airport, bus and rail). The precinct's heavy-industrial character and freight access underpin ongoing demand from warehousing, manufacturing and distribution users.
The asset is fully leased to Blairs Supertyre Distributors Limited under a 10-year triple-net lease. The property is improved with a series of low to medium stud industrial workshop and warehouse structures understood to date from the 1960s. The improvements comprise predominantly functional workshop and storage accommodation arranged across a number of adjoining structures and bays.
Construction is typical of the era, providing basic industrial accommodation with medium stud height throughout and roller door access to facilitate vehicle and goods movement. A semi-enclosed canopy structure connects the southern warehouse with the main storage bay to the north, providing covered loading and circulation space between the buildings.
The balance of the site is improved with sealed yard areas utilised for vehicle circulation, loading and general storage.

