Listing Description
Takapuna landmark investment – buy one or both
2-4 Hurstmere Road, Takapuna, North Shore City, Auckland
To be sold by tender (closes on 26 Sep)
Details
| Attribute | Value |
|---|---|
| Property use | Retail |
| Agency reference | 1697907 |
Description
- High profile trophy investments in the heart of Takapuna
- Underpinned by 1,174sqm of freehold land in two fee simple titles
- Returning a total of $910,891pa + GST
- Options to purchase one or both
Forming the corner of the iconic Halls Corner, these freehold investments provide an attractive multi-tenanted investment opportunity that will suit a range of purchasers. Available either together or individually, the properties offer diversified income streams from multiple proven and established tenants including TSB Bank, 3 Wise Men and Tank Juice. 2 Hurstmere Road returns $562,784pa + GST and 4 Hurstmere Road returns $348,107pa + GST, totalling to a combined net income of $910,891pa + GST.
The buildings occupy a high profile position in the heart of Takapuna, one of the most sought after commercial, retail and residential locations in greater Auckland.
Consideration should also be given to the long term intensification of this underdeveloped corner position, which offers a total of 1,174sqm and benefits from an intensive Business – Metropolitan Centre zoning.
Call now for further information.
