+7 Photos

53-77 Hurstmere Road and 14 The Strand, Takapuna, Auckland, New Zealand

Properties / Buy / New Zealand / Takapuna

Tenanted Investment

1. Property Summary

Selling Method

EOI

Selling Details

Closing 4pm (NZST), Thursday 2nd May 2024 (unless sold prior)

Land Area

9,482 m² (*approx)

Property Type

Offices

Est. Income

$3,000,000 p/a

Show All

2. Property Highlights

World-Class Real Estate

International Expressions of Interest: Closing 4pm (NZST), Thursday 2nd May 2024 (unless sold prior), at Bayleys House, 30 Gaunt Street, Auckland Central, New Zealand

Encompassing one of New Zealand’s best, mixed-use development opportunities of global significance, Main Beach represents a remarkable future development opportunity to embellish a truly iconic, skyline defining project. Zoned ‘Business Metropolitan Centre’ under the Auckland Unitary Plan, the planning regime provides for a plethora of development opportunities.

Occupying a grandstand position in Auckland’s premier and vibrant beachfront locale, Takapuna Beach, the site offers a significant 9,482sqm (more or less) freehold landholding that is presently occupied by five, attractive commercial assets and generates a substantial holding income of circa $3M per annum, that is well supported by a diverse tenant mix.

With over $1B in commercial investment value transacting over the past ten years, Takapuna has firmly established itself as a proven Asia-Pacific investment destination catering to an ever-growing list of high-net-wealth individuals, family offices and institutional investors. Furthermore, a recent uptick in transformative development projects and commitment from major developers within the immediate precinct will undoubtably bolster Takapuna as a credible investment choice for discerning buyers.