Takapuna Landmark Investment

507 Lake Road, Takapuna, Auckland

Description

Black Haus is proud to present an opportunity to acquire 507 Lake Rd, Takapuna – A fee simple, 6 level + basement, standalone commercial investment that must be considered by all investors looking for an established split-risk investment in a strategic Auckland location

Located on an enviable corner position on one of Takapuna’s main arterial roads, the asset returns a total of $1,040,212 pa net, split over 23 tenancies & anchored by longstanding International Tenant, occupying an entire floor.

Each floor plate is approx. 560 sqm, with the total area being approx. 3,168 sqm, along with 20 secure onsite carparks. The upper levels have picture perfect views of the Rangitoto Channel and back to Auckland’s CBD.

Astute investors should take consideration of the future add-value opportunities which this building provides under the Business – Metropolitan Centre Zone. Take advantage of what Takapuna has to offer – good eateries, easy parking & one of Auckland’s best beaches a short walk away.

Call the joint sole agents now to register your interest, or take a site visit.

For Sale by way of Tender closing 4:00 pm Thursday 10th March 2022 (Unless sold prior)
29 Northcroft Street, Takapuna

Listing Agent

Simon Aldridge
021 774 951
[email protected]

David Huang
021 888 819
[email protected]

Contact

Level 3, 48 Greys Avenue, Auckland Central 1010

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