43 Taharoto Road, Takapuna, North Shore

Occupy, develop or invest

• High profile two level office/medical building with 20 carparks
• Holding income from two established tenants
• Business Mixed Use zoning allowing for a range of uses
• 897sqm corner site

Offered to the market with flexible lease terms, this high-profile Takapuna property presents an outstanding opportunity for owner-occupiers, developers and add value investors. Currently returning $297,317pa + GST from two established medical related tenancies, the property offers holding income and a range of opportunity to be considered.

Positioned on a prominent 897sqm (more or less) freehold corner site, the property comprises a two-level split tenancy 730sqm building with 20 on-site car parks. The improvements are well maintained and benefit from an IEP rating of 110% NBS. Zoned Business - Mixed Use under the Auckland Unitary Plan, the site supports a wide range of future uses and intensification options.

Located near North Shore Hospital, Smales Farm, and the northern motorway network, the property sits in one of the North Shores most tightly held commercial precincts given the demand from tenants. With strong underlying land value and future flexibility, this is an opportunity not to be missed.