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Home/Commercial Property Portfolio
Provincia commercial property portfolio header

Commercial Property Portfolio

Provincia invests in quality mid-sized ($3-10 million) industrial properties, investing in growth areas with sound economics. See our commercial property portfolio…

Substantial value was added to the properties through renovation and by securing quality tenants on long-term leases.

Investing through a diversified commercial property fund, as opposed to a property syndicate (syndicated property investment), gives private investors a spread of risk over a greater number of properties – rather than being locked into one [often high-risk] property.

As an open-ended PIE fund, your investment is diversified across the entire portfolio and becomes increasingly diversified as the fund acquires more properties.

Provincia industrial property portfolio locations

Our diversified commercial property portfolio…

Commercial property at Richard Pearse Drive Auckland
38 Richard Pearse Drive, Airport Oaks, Auckland
Map location of Provincia owned property at 38 Richard Pearse Drive
  • Purchased: November 2017
  • Purchase Price: $4.7 million
  • Current Valuation: $6.9 million
  • Annual Rent: $431k
  • Net Lettable Area: 3,051 m2
  • Land Area: 4,858 m2
  • Tenants: (1) Storerite Logistics, (2) Fitness 24/7, (3) Active Physio.

19 Arwen Place, East Tamaki, Auckland
19 Arwen Place, East Tamaki, Auckland
Map location of Provincia owned property at 19 Arwen Place, East Tamaki
  • Purchased: August 2018
  • Purchase Price: $6.1 million
  • Current Valuation: $7.7 million
  • Annual Rent: $402k
  • Net Lettable Area: 2,919 m2
  • Land Area: 10,504 m2
  • Tenant: Northpower

Industrial property Great South Road Auckland
785 Great South Road, Penrose, Auckland
Map location of Provincia owned property at 785 Great South Rd, Penrose
  • Purchased: December 2018
  • Purchase Price: $7.2 million
  • Current Valuation: $8.7 million
  • Annual Rent: $521k
  • Net Lettable Area: 4,533 m2
  • Land Area: 7,565 m2
  • Tenant: Goodman Fielder

Industrial warehouse property
54 Tidal Road, Mangere, Auckland
Map location of Provincia owned property at 54 Tidal Rd, Mangere
  • Purchased: June 2019
  • Purchase Price: $6.8 million
  • Current Valuation: $7.3 million
  • Annual Rent: $415k
  • Net Lettable Area: 3,722 m2
  • Land Area: 7,315 m2
  • Tenants: (1) TSS Workforce Ltd, (2) Southern Hospitality Ltd, (3) Project Stainless Ltd, (4) Charity Clothing Collection Ltd, (5) Windows 2000 Ltd.

Industrial property Kerwyn Ave Auckland
1/30 Kerwyn Ave, East Tamaki, Auckland
Map location of Provincia owned property at 1/30 Kerwyn Ave, East Tamaki
  • Purchased: October 2019
  • Purchase Price: $3.4 million
  • Current Valuation: $3.8 million
  • Annual Rent: $210k
  • Net Lettable Area: 1,582 m2
  • Land Area: Half share of 6,164 m2
  • Tenants: (1) Super Snack Ltd, (2) Chasers Food Company Ltd.

Industrial property Carbine Rd Auckland
102A Carbine Rd & 4 Gabador Pl, Mt Wellington, Auck.
Map location of Provincia owned property at 102A Carbine Rd & 4 Gabador Pl, Mt Wellington
  • Purchased: December 2019
  • Purchase price: $7.1 million
  • Current Valuation: $9.3 million
  • Annual Rent: $443k
  • Net Lettable Area: 5,124 m2
  • Land Area: 8,921 m2
  • Tenants: (1) Filtec Ltd, (2) Gouk & Sullivan 1971 Ltd, (3) Connect 8 Ltd.

Commercial property in Provincia portfolio
18 Noel Burnside Road, Wiri, Auckland
Map location of Provincia owned property at 18 Noel Burnside Rd, Wiri
  • Purchased: November 2020
  • Purchase Price: $10.4 million
  • Current Valuation: $11.0 million
  • Annual Rent: $650k
  • Net Lettable Area: 5,080 m2
  • Land Area: 9,968 m2
  • Tenant: SlumberZone New Zealand Ltd

Industrial property Timothy Place
25-27 Timothy Place, Rosebank Peninsula, Auckland.
  • Purchased: February 2021
  • Purchase Price: $4.2 million
  • Current Valuation: $4.2 million
  • Annual Rent: $230k
  • Net Lettable Area: 1,885 m2
  • Land Area: 2,974 m2
  • Tenant: Tyres Direct 2008 Ltd

Industrial property Hunua ortho
80D Hunua Road, Papakura, Auckland
  • Purchased: March 2021
  • Purchase Price: $7.8 million
  • Current Valuation: $7.86 million
  • Annual Rent: $430k
  • Net Lettable Area: 12,447 m2
  • Land Area: 12,297 m2
  • Tenant: Alderson Poultry Transport Ltd

Industrial property 7 Timothy Pl, Rosebank Peninsula, Auckland
7 Timothy Pl, Rosebank Peninsula, Auckland
  • Purchased: June 2021
  • Purchase Price: $7.6 million
  • Current Valuation: $7.6 million
  • Annual Rent: $399k
  • Net Lettable Area: 1,795 m2
  • Tenant: Westie Food Group Ltd

Why Invest in Provincia?

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Provincia Property Fund Management Ltd

268 Manukau Road, Epsom
Auckland 1023, New Zealand

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