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  • For sale
Takapuna Investment with Development Upside - #1
Takapuna Investment with Development Upside - #2
Takapuna Investment with Development Upside - #3
Takapuna Investment with Development Upside - #4
Takapuna Investment with Development Upside - #5
Takapuna Investment with Development Upside - #6
Takapuna Investment with Development Upside - #7
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Takapuna Investment with Development Upside - #9
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Takapuna Investment with Development Upside - #11
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Takapuna Investment with Development Upside - #14

For Sale

$2,675,000 NZD

A rock solid opportunity to invest in a Government Health provider tenanted asset, located on one of Takapuna's main arterial roads, with future development potential.

Returning $93,428 pa net, NZ Blood occupies 441 Lake Rd, Takapuna on a 4 year lease until February 2025, with further rights of renewal.

The immaculately presented asset sits above a 496 sqm freehold title, zoned business "mixed use", allowing for future residential development.

Takapuna is undergoing significant change at the moment with numerous apartment developments recently completed or in the planning or construction phases now.

Investors and developers should inspect. Enjoy a passive income while planning for the future. Development could be brought forward by exercising a Landlord’s “Early Termination clause” with 18 months’ notice.  

Vendor says “sell.”

Call the sole agents Matt Prentice 021 464 904, or Mike Ryan 021 402 461



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