– Net return of $308,237pa + gst.
– NLA of 335 square metres across five tenancies.
– Fee simple title consisting of 349 square metres.
The two level building consists of four small retail premises (approx 60 square metres each), a first floor office of 88 square metres, rear access and two car parks. The retail tenancies are an ideal size for the typical retail business in Takapuna creating demand for the space.
Currently Hurstmere Road is undergoing it’s upgrade which will be a temporary hassle for retailers and locals alike, however the end product will be worth it.