105-111 Hurstmere Road, Takapuna, North Shore

Unrivaled trophy asset - develop or hold

• Triple fronted, high profile corner site in central Takapuna
• 916sqm freehold site with Metropolitan Centre zoning
• Flexible lease terms unlock a myriad of development and refurbishment options
• Current rental $455,009pa across four tenancies

A truly special offering, this is an opportunity to purchase a high-profile corner site situated on the eastern side of Hurstmere Road and fronting Takapuna's iconic beachfront. There have not been any sites available on this tightly-held strip in recent memory making this a true once-in-a-lifetime buying opportunity.

The asset has been strategically managed, with no egregious tenant final expiry dates which could hinder plans for redevelopment. The new owner can take full advantage of some of the most sought-after views in Auckland.

The 1,113sqm building has been well maintained and features basement car parking. While an investor can explore the future development potential of the property, an owner-occupier could retain or refurbish the property for their own use.

Takapuna is one of only 10 Metropolitan zoned centres in Auckland and only a short hop by car or public transport to Auckland's CBD. No other centre boasts a beachfront like Takapuna. The natural beauty combined with the hospitality and retail scene is the reason why the suburb has enjoyed huge investment recently ensuring its position as one of the most sought-after, aspirational locations in Auckland.