400 Lake Road, Takapuna, North Shore

Standout Property, Superior Location

- Located in the heart of Takapuna
- Fully leased with a further five and a half (5.5) year term
- Well-established multi-service law firm as tenant
- Total net rental $96,000pa + GST
- Potential long term development opportunity
- Freehold standalone strategically located site of 890sqm (more or less)
- Immediate vicinity comprises quality residential and commercial activity
- Favourable AUP(OP) Mixed Use Zoning

Properties of this nature open up a range of different opportunities for its new owners. The standout split level character building sits proudly on site and has been utilised as a legal practice and associated professional offices for several years. The site contour is near level with the roadside and presents excellent future potential for multi-level redevelopment under the favourable Mixed Use zoning.

Located within the Takapuna Business District and close to the beach, retail shops, multiple cafes and restaurants, properties of this nature are very sought after.

Auction (unless sold prior)
11am, Wednesday 25th October 2017
Bayleys House, 30 Gaunt Street,
Auckland Central.