Unique Investment / Development Opportunity


8-12 The Promenade, Takapuna

By Negotiation

Download Email
Unique Investment / Development Opportunity | 8-12 The Promenade, Takapuna | 1501532 |      X Close
Image
Description

Unique Investment / Development Opportunity


- Located in the heart of Takapuna's CBD - 500m from Takapuna Beach

- Fantastic views of Hauraki Gulf

- Excellent rental income of $415,091.59pa + GST and outgoings

- Unique development opportunity

- Situated within the restaurant/cafe precinct of vibrant Takapuna

This site presents a superb, multi road frontage site for a mixed use apartment development. In the meantime it provides excellent cash flow as an investment.

Takapuna is one of the main commercial and shopping precincts on the North Shore, 9.4km's from central Auckland.

Property Details:

- Tenure Fee Simple (freehold)

- Floor Area 1672.5 sqm (approximately)

- Land Area 817 sqm (more or less)

- AUP (OP) Zoning Business - Metropolitan Centre

Tenancy Details:

The property is tenanted to a variety of established tenants returning an income of

$415,091.59pa + GST and outgoings. Full tenancy details are available upon request.

8-12 The Promenade, Takapuna

Open in map