429 Tamaki Drive, St Heliers, Auckland

Unparalleled waterfront opportunity

• A rare freehold retail investment opportunity in a premium waterfront location
• Business - local center zoning offers a wide range of future development possibilities
• A diverse income stream of approximately $315,682 per annum plus GST

Properties of this caliber are seldom available. Don't miss this exceptional opportunity! It should be seriously considered by discerning investors, value seekers, and developers alike. This outstanding property is centrally located in the heart of St Heliers Bay Village, a lively seaside neighborhood with a variety of retail options and a plethora of well-known cafes, bars, and restaurants. Situated along St
Heliers Bay Beach, this block of retail spaces is mostly occupied by established tenants and is a local landmark.

This suburban shopping center comprises eight shops with six separate tenancies, providing multiple and diversified rental income streams. This unique seaside village offers ample on-site parking and is widely recognized by locals as the vibrant, upscale "eat-street." All leases include demolition clauses, offering flexibility for future redevelopment.

The demand for waterfront properties in this area continues to soar. Excellent future development opportunity not to be missed.