- Vacant possession
- Floor area approximately 5 x 60sqm premises (total 300sqm)
- Business – Local Centre Zoning
- Nine (9) on site car parks
- Fee simple title consisting of 513sqm of land (more or less)
With a dire shortage of retail stock in Beach Haven against the backdrop of a huge and affluent residential catchment area presents a fantastic investment and redevelopment opportunity. The property is currently occupied by one tenant using the entire building, however the obvious play is to convert into five separate tenancies of 60sqm each. More intensive development through additional levels is permitted under the Business – Local Centre Zoning (resource and building consent required) and the upside of not being built out on three of the four boundaries.
Beach Haven has experienced exceptional growth in the residential market over the past decade. The residential catchment area (demand) far outstrips the retail stock (supply) in Beach Haven.
For sale by way of deadline private treaty closing 4:00pm Thursday 27th April 2023 (unless sold prior)
Black Haus office; 48 Greys Ave, Auckland Central.