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Takapuna

46 Hurstmere Road, Takapuna, North Shore

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473sqm Floor area

Passive investment in Takapuna's retail heart


• 473sqm (more or less) freehold building over two levels with 70% NBS
• Fully leased across five established tenancies returning $285,153.07pa + GST and outgoings
• Anchored by Starbucks on a 12-year lease to 2031

46 Hurstmere Road presents an exceptional opportunity to acquire a high-profile commercial asset in the heart of Takapuna. Anchored by global brand Starbucks, the property offers long-term income security and exposure in one of Auckland's most vibrant metropolitan centres.

This well-maintained 473sqm (more or less) two-level commercial building occupies a prominent corner site at the entrance of Parkway Arcade. It sits within the Business - Metropolitan Centre zone, offering future flexibility and development upside in a tightly held location. The building benefits from its proximity to major amenities including Takapuna Beach, Lake Pupuke, extensive retail, dining, and
public transport.

In December 2024, retail spending in Takapuna rose 3.1% year-on-year while Auckland overall declined about 2.1% during the same period. Transaction volume also increased by 4.3% demonstrating the strong defensive qualities of this high socio-economic location which underpin the property.

Tender
(unless sold prior)

Bayleys House, 30 Gaunt Street, Auckland Central

14
Aug

Time4pm
Calander
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Michael Nees

Michael Nees

Commercial, Investment and Development Sales

Bayleys Real Estate Ltd, North Shore Commercial,
Licensed under the REA Act 2008
Owen Ding

Owen Ding

Commercial Sales

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

Features

Seismic (NBS rating)


70%NBS

Location


Situated at the corner of Parkway Arcade, Takapuna

Lease


Starbucks as the anchor tenant and has a 12-year lease with a final expiry of June 2031

Zoning


Business – Metropolitan Centre

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