Lease Terms + Location

529 Lake Road, Takapuna, Auckland

Description

– Net return of $758,709pa plus GST.
– High profile corner site.
– Split risk income with eight separate tenancies.
– Business Metropolitan Centre – Takapuna 1 sub-precinct B, Sub-precinct.

This fully tenanted investment is located on the corner of Lake Road and Como Street in Takapuna. Across the road is Anzac Car Park as well as Shore City Shopping Centre. The location on it’s own will be of interest considering Takapuna’s private and public sector investment and infrastructure spending.

The building has six retail tenancies on the ground floor fronting Como Street. On the upper ground tenancy All Fit Gym has committed to a twelve year lease with Premier Hairdressing College taking a substantial lease on the top floor.

Listing Agent

Simon Aldridge
021 774 951
simon.aldridge@blackhaus.co.nz

David Huang
021 888 819
david.huang@blackhaus.co.nz

Contact

Level 4, 8 Commerce Street, Auckland CBD, 1010

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