Upside

5, Anzac Street, Takapuna, North Shore City

Expressions Of Interest

Proposed Usage
Office
Floor Area
809.00 m²
Description:
Property ID
1c14v32

• A blank canvas with a Metropolitan Centre Zoning.
• 809m2 site with 13 on-grade car parks.
• Current building envelope of 523m2 in lettable area.

The motivated vendor has committed to other ventures, offering a fantastic opportunity to anyone with foresight.

Anzac Street is the subject of renewed interest, with proposed Panuku Developments surrounding the subject property.

There is add value opportunity, with re-configuring tenancy splits and modernising the premises to attract tenants willing to pay the upper end of Takapuna's commercial occupancy market. With other Takapuna buildings achieving circa $350m2 - $400m2 there is significant rental growth, and therefore capital growth with this asset.

Various market conditions have transpired for this fantastic asset to come to market at a reasonable price. Don't wait another cycle, you'll have missed the boat.

For sale by expressions of interest.

Call Simon or David or visit www.pcrealty.co.nz for more information.

PLEASE NOTE: Specified floor and land area sizes have been obtained from sources such as Property Guru or Auckland Council (LIM) documents. They have not been measured by the Salesperson or PC Realty Ltd. We recommend you seek your own independent legal advice if these sizes are material to your purchasing decision.

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Takapuna Area