Located in the rapidly redeveloping suburb of Mt Roskill, Location purchased from the existing occupier on a medium term leaseback, an existing industrial complex on a 1.1ha site. Over the next 18 months, Location managed a resource consent application, and subsequently secured a change of use to bulk retail, resulting in a significant uplift in value.

Subsequent long-term lease commitments from Rebel Sports/Briscoes, Kreem Café and Shine On enabled Location to undertake a comprehensive redevelopment of the buildings once the previous occupier had vacated, with construction being completed in late 2019.

The asset is now being held for long term investment, in partnership with a private investor.