Tenanted Investment

452-456, Lake Road, Takapuna, North Shore City

Auction

Proposed Usage
Retail
Description:
Property ID
1c122jc

- Freehold standalone strategically located site of 369sqm (more or less),
- Standout well-maintained building of 187.40sqm (approx.),
- 8 car parks,
- Fully leased with a total net rental of $134,179.70 p.a. + GST,
- Anchor tenant Heartland Bank, and popular Basu Restaurant,
- IEP Seismic Rating - 83% NBS (Cat. A),
- Immediate vicinity comprises quality commercial activity supported by a large residential catchment
- Potential long term multi-level development opportunity (mixed use residential, commercial)
- Favourable Metropolitan Centre Zone.
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Takapuna Area