– NLA of 506 square metres approximately.
– 23 car parks.
– 804 square metre title.
The corner site consists of approximately 61 metres of road frontage and is located 250 metres from Takapuna Beach. The two level structure sits above the car parks and would benefit from a modern refurbishment to yield a better rental return. Currently the building is partially leased and is producing a net income of $76,195pa + gst.
There is significant activity in Takapuna with both private and public sector investment and infrastructure. If you’re looking for a high profile add value holding in an affluent location the this is worth a closer look.