Listing

102 & 104-114 Beach Haven Road, Beach Haven

Buy One or Buy Both - Add-Value or Redevelopment!

Auction 16 Dec 2021

Listing: NSC37367
Property Information
Auction Date:     Thursday, 16th Dec 2021, 1:00 PM
Our Vendors' instructions are clear, this property must be sold! These two tenanted freehold sites are an ideal opportunity to maximise the untapped potential within the properties either by an add-value approach or redevelopment in the future, the choice is yours.

The two sites will be sold separately at auction 1:00pm Thursday 16th December 2021 (unless sold prior).

102 Beach Haven Road is a large road front freehold 919m² (more or less) site with a holding income of $36,600 + GST + outgoings. Only 50% occupied with immediate income growth from the vacant storage/yard at the rear of the site.

104-114 Beach Haven Road is the neighbouring freehold 916m² (more or less) site returning $85,673 + GST + OPEX from 3 established tenants. the single-level retail block provides much sought-after split risk income.

Features:
- Zoned Business - Town Centre, the unitary plan allows for a total building height of 18m.

- Beach Haven is a high growth area with the median house price now over $1 million.

- Walking distance to the Beach Haven Ferry Terminal.

Beach Haven has experienced significant growth and revitalisation as Auckland continues to expand. NZ Herald reported Beach Haven as one of the city's "20 Hottest Suburbs" and Metro Magazine named it as the one to watch.

This is an opportunity not to be missed. Call now for more details and a copy of the Information Memorandum.
Details
Contact Details

Isaac Tankard

Commercial Sales & Leasing Consultant
Licensed REAA 2008
M: 027 7020 663

Andrew Bruce

Branch Manager/Business Owner
Licensed REAA 2008
M: 027 498 5852
Office Address
128 Hurstmere Road, Takapuna
Takapuna
Auckland
09 486 9250
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