161 Lake Road, Belmont, North Shore

Prime Corner Freehold - Established Medical Tenant

Positioned prominently on the corner of Lake Road and Egremont Street in the heart of Belmont, this 414sqm (more or less) freehold site offers exceptional exposure with dual access points.

Surrounded by ongoing new developments and well-supported by nearby schools, shops, and local amenities, the property is also just a short stroll to the beach, marina, and some of Auckland's most sought-after residential areas.

Zoned Business - Local Centre, the property has long been occupied by a well-established dental practice (Lake Rd Dentists), providing a reliable net income of $52,000 + GST per annum.

Importantly, the lease includes an early termination clause, offering future flexibility for redevelopment and unlocking the site's full potential.

Key Features:
•Freehold title with prime corner positioning
•Land area: 414sqm (more or less)
•Floor area: 160sqm (more or less)
•Established medical use - dental practice
•Net rental income: $52,000 + GST per annum
•Lease includes early termination clause for redevelopment
•Dual access for added convenience and development flexibility

This is an outstanding opportunity for add-value investors and developers to secure a strategic site in one of the North Shore's fastest-growing and most desirable locations.

Tommy Zhang
+64 21 760 889
tommy.zhang@bayleys.co.nz