This property was purchased by the fund in June 2019. The property is split risk across five different tenancies. TSS Workforce Limited, SG Merlion kitchens Limited, Marketing Chemicals Limited. The site is situated just off State Highway 20 in an industrial precinct in Mangere.
The building consists of a two story office building at the front attached to a rear bay of warehouses. There is also a separate bay of warehouses at the rear of the property.
Purchased
2019
Net Lettable area
3,722m²
Land Area
7,315m²
Purchase Price
$6.8M
Current Value
$9M
Annual Rent
$544K
Tenants
Marketing Chemicals Limited, SG Merlion Kitchens Limited , TSS Workforce Limited
Location
54 Tidal Road, Māngere, Auckland, New Zealand
© Provincia Property 2026
Fund Management LTD
WARNING: Provincia Property Fund Ltd and Provincia Property Fund II Limited are wholesale investment opportunities only. Prospective investors should be aware that any capital raise offer is not open to the public. It is only open to Wholesale Investors as defined in Clause 3 of Schedule 1 of the Financial Markets Conduct Act 2013 (The Act). Further information can be found in the relevant Investment Statement.
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