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Devonport

Unit B/63 Lake Road, Devonport, North Shore

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180sqm Floor area

Auction

(unless sold prior)

Devonport live and work buy one or both


• High profile site at busy Lake Road location
• Comprising of two blocks of retail and residential buildings
• Future rental growth with generous onsite car parks
• Tenants include well established pharmacy; hair salon etc.

This building is strategically situated on Lake Road with excellent exposure. The property offers a diversified cash flow anchored by three retail tenancies on the ground floor and two residential apartments on the upper level. Excellent opportunity for future owner to utilize the commercial work space while the upstairs offers flexibility as an investment or for future owner occupier.
Well positioned in highly sought-after Devonport, surrounded by an affluent suburban catchment, and perfectly located along Lake Road being the key arterial route linking Takapuna and the Devonport peninsula.
Properties of this calibre are rarely available, be sure not to miss this one.

Auction
(unless sold prior)

Bayleys House, 30 Gaunt Street, Auckland

16

Mar

Time11am
Calander
Calendar
Owen Ding

Owen Ding


Bayleys Real Estate Ltd, Auckland Central,
Licensed under the REA Act 2008
James Chan

James Chan


Bayleys Real Estate Ltd, Auckland Central,
Licensed under the REA Act 2008
Steven Liu

Steven Liu


Commercial North Shore Ltd, Bayleys,
Licensed under the REA Act 2008

Features

Tenancy Details


Fully leased and returning (63B) $49,993.18 p.a. and (63C) $75,621.73 p.a. Full tenancy details are available on request.

Tenure


Stratum in freehold

Unit 63B


Retail floor area is 75.9sqm (more or less) and flat floor area is 55sqm (more or less)

Unit 63C


Retail floor area is 95.5sqm (more or less) and flat floor area is 99sqm (more or less)

Zoning


Neighbourhood centre