Listing Description
Overseas Buyer Must See! Location & Views
470 Beach Road, Murrays Bay, North Shore City, Auckland
Price by negotiation
Details
Attribute | Value |
---|---|
Property type | House |
Capital value (CV) | $3,575,000 |
Parking | 17 car garaging |
Agency reference | REM10159 |
Broadband in the area |
Description
Perched gracefully along the scenic coastline, this premier commercial property at 470 Beach Road is a true gem on Auckland's coveted North Shore. Offering an elevated position with sweeping panoramic views of Murrays Bay, this exceptional site presents not only an outstanding investment but also the promise of lifestyle and prosperity.
Strategically located just steps from Murrays Bay Beach, this property is surrounded by the North Shore's best amenities, including top schools, renowned restaurants, beaches, surf and tennis clubs, supermarkets, and vibrant local shops. Its coastal setting, combined with its high visibility, makes this property a standout opportunity.
Spanning 1,236 sqm of prime freehold land, the northeast-facing building covers approximately 490 sq m and currently houses three well-established restaurants. Bathed in natural sunlight, this property's zoning as a Neighbourhood Centre opens the door to future development opportunities, with concept plans and the council property file available for review.
This fully tenanted property generates a reliable annual income of NZD $200K+ GST, with CPI rent reviews ensuring steady returns. Tenants cover all outgoings, including rates and insurance, providing a seamless income stream for the owner.
With a motivated vendor offering this rare turnkey investment, now is the perfect time to seize this remarkable opportunity. Whether you're looking for a solid income-generating asset or a property with vast future potential, this is a chance you don't want to miss.
Overseas buyers and agents welcome. Contact us for more details or to arrange a viewing.
Boundary lines are indicative only. Some images are artist impressions.