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Listing Description

Listed: Wed, 17 Jul

Best on the Beach - Freehold Investment

65 Clyde Road, Browns Bay, North Shore City, Auckland

Price by negotiation

Details

  •   1310m² Floor
  •   844m² Land
AttributeValue
Property use
Retail
Capital value (CV)
$7,400,000
Agency reference
NSC43978

Description

Offering an unprecedented freehold opportunity to own one of only handful of commercial properties on the North Shore which has beach frontage!

This two-level mixed-use building has stood the test of time both, with an impressive 179% NBS rating and stability of the tenure, the with a Medical Centre and Solicitor being tenants for over 20 years!

It's time on the market in 23 years, giving you a scarce opportunity to secure a solid investment in a key growth location.

Investment Highlights:

  • Freehold beachside property
  • Total site area 844 sqm (more or less)
  • Lettable building area of 1,310 sqm (more or less)
  • 179% (A+) NBS rating (seismic rating)
  • Long standing occupation by a medical centre and solicitors for over 20 years
  • Potential net income of $398,552 + GST
  • Zoned Business Town Centre
  • Impending consent to split the existing ground floor space into 4 separate tenancies ranging from 95 sqm to 143 sqm

NAI Harcourts & Harcourts Cooper & Co are proud to exclusively offer 65 Clyde Road, Browns Bay for sale, for further information contact us today!


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Agent's details

Enquire about the property

NAI Harcourts - Cooper & Co Real Estate, (Licensed: REAA 2008)

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