Investment on point

55, Barrys Point Road, Takapuna, North Shore City

Tender

Proposed Usage
Industrial
Floor Area
1549.00 m²
Description:
Property ID
1c10z8q

- High profile corner site in a desirable location within close proximity to the Auckland CBD
- Currently returning $285,630.04pa + GST from seven separate tenancies providing a diversified income stream
- Future development potential under new AUP (OP) Mixed Use zoning
- Total floor area 1,549sqm (approximately)
- Land area 1,575sqm (more or less)
- Currently separated into three titles on the one site

Well located on popular Barrys Point Road the site has significantly benefited from the recent Auckland Unitary Plan and is now zoned Mixed Use. This zoning allows for greater intensification of the site to incorporate a mixture of commercial and residential uses.
Barrys Point Road is strategically located near SH1 motorway interchanges and is only a few minutes from Takapuna's CBD. There are a diverse range of businesses in the area including cafes, retail shops, gyms, bulk retail and automotive.
The property is suitable for investors looking for a well located property with potential in the future. With a vacancy pending it also offers an opportunity for an owner occupier.
This property is a must view for a number of purchasing types given its location and potential.

For sale by Tender (unless sold prior)
Closing 4pm, Thursday 8th March 2018
29 Northcroft Street,
Takapuna, Auckland.

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Takapuna Area