433 Lake Road, Takapuna, Auckland, 0622 So much upside
TweetAvailable PropertyFiles:
- /1. Information Memorandum/
- Lake Road 433_Updated IM.pdf
- /2. Record of Title/
- [2] RECORD OF TITLE - 433 Lake Road, Takapuna.pdf
- /3. LIM/
- [3] LIM DOC. - 433 Lake Road, Takapuna.pdf
- /4. ATL (1)/
- [4] ATL - 1-433 Lake Road, Takapuna 120sqm (LandlordTenant) SignedDated 22.09.2022.pdf
- /5. ATL (2)/
- [5] ATL - 2-433 Lake Road, Takapuna (LandlordTenant)SignedDated08092022.pdf
- /6. ATL (3)/
- [6] ATL - 3-433 Lake Road, Takapuna (SignedDated) 22.07.2022.pdf
- /7. Outgoings/
- [7] OUTGOINGS SCHEDULE.pdf
- /8.Flyer/
- [8] FLIER - 433 Lake Road, Takapuna (Jan.2023) (1).pdf
Property Description
• Owners quit well-located freehold site occupying a dominant road-front position mammoth price drop of $700,000!• Sought-after Takapuna location, only 10-15-minute drive to Auckland CBD
• Business Mixed Use Zone, a stone's throw to Metropolitan Centre Zone
A well presented office building of 353.14sqm suited to a wide range of business uses, plus ample carparking. Under-rented and 100% leased, it's returning $101,766.17 + GST. As it stands it provides a ready-made solution for land bankers, future owner-occupiers, investors, and trusts.
Underpinned by a 633sqm (more or less) landholding, the property presents addvalue investors and developers a wide range of alternative uses and redevelopment possibilities, including the potential to split into mixed use office, retail, plus terrace housing and apartments. The owners have secured resource consent to re-develop the property into a five-storey mixed-use complex.
The property is located within the well regarded suburb of Takapuna on Auckland's North Shore. Takapuna is zoned for intensification and strong growth. It is currently experiencing quality large scale investment and development from Auckland Council and the private sector.
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Terms of Supply
By accepting the information contained in this PropertyFile, I acknowledge I have read, understood and accepted the terms on which the information is made available.1. Where information is supplied by the agent to customers, the information is information in possession of the Vendor(s) that the Vendor(s) are making available to the customer without endorsement.
2. No representation is made by the agent or the Vendor(s) as to the accuracy, or to the reliability, of any information made available to the customers.
3. The customer will seek such advice and explanation the customer may require from an independent specialist of their choosing.
4. Should the purchaser decide not to obtain their own specialist advice, they are deemed to have satisfied themselves on all aspects of the property and are buying solely in reliance on their own judgement and contrary to the recommendation of the agent.
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Contact Tonia Robertson
Bayleys Real Estate Limited
Licenced under REA 2008
+64 9 489 0964 +64 21 619 200 tonia.robertson@bayleys.co.nz All Listings
Tonia sits on the Investment Sales Team for Commercial Property with Bayleys, and operates out of Bayleys North Shore Commercial in Takapuna, Auckland.
Prior to joining Bayleys Tonia successfully worked in various roles within the financial services and investment sectors – and has always been involved in some way or other with the real estate sector. Beginning her career in portfolio management and business markets at the Bank of New Zealand, Tonia rose rapidly to become divisional Head – responsible for developing the retail-based Workplace/Business Partnership function. From there she powered up the corporate and national investment initiative of a New Zealand subsidiary of the global AXA Group, appointed to the role of Head of Division. Investment Sales and Client Solutions at Bayleys was one of the obvious next steps.
Well recognised as a strategist front-end thinker, she is equally impressive in an operational and delivery capacity. Notable transactions recently completed by Tonia include:
132 Hurstmere Road, Takapuna: marketed by Bayleys North Shore Commercial, Tonia introduced the successful purchaser to this trophy Takapuna property, concluding the sale at $7.5 million plus GST (if any) by way of Tender.
137 Clarks Beach Road, Franklin: chosen as Sole Agent by the Vendors this standout 50 hectare property on two titles reached a total sales value of $11 million plus GST (if any).
8 Newton Road, Grey Lynn: Tonia concluded the sale of this Mixed Use property to a long-standing client for $1.6 million at Auction. Two months later and due to a change of the client’s core business focus Tonia was solicited to put the property back on the market for sale, concluding the subsequent sale at $1.705 million plus GST (if any) by Private Treaty.
Tonia has studied and worked in New Zealand and overseas. She is a Master of Arts Graduate with Distinction, and the recipient of an overseas university scholarship from the German Academic Exchange Service. Tonia also holds a Post Graduate Diploma in Financial Planning.
As a member of select international property and property investment groups, Tonia introduces a breadth of experience to the Investment Sales core business activity, including but not limited to property acquisition, disposition and end-to-end leasing transactions.
Contact Jayson Hayde
Bayleys Real Estate Limited
Licensed under REA 2008
09 489 0961 027 443 9475 jason.hayde@bayleys.co.nz All Listings
As the General Manager of Bayleys North Shore Commercial, Jayson brings together 23 experienced North Shore brokers transacting approximately $500 million dollars of commercial real estate annually.
With over 20 years in real estate and business leadership across New Zealand and Australia, Jayson is uniquely positioned to assist you with your real estate requirements. In addition to his role as General Manager of North Shore Commercial, Jayson is also the National Director of Business Sales for Bayleys New Zealand and has the expertise to guide you through the process of selling your business, exploring business strategies or growing your business portfolio through acquisition.
Jayson has created strong relationships with key clients including business advisors, investors, large corporate institutions, financial advisors, commercial trading banks and high net wealth individuals. Concluding over $200 million in transactions for his key clients has earned him a reputation for consistently achieving exceptional results. Jayson has an open and dedicated approach, offering unrivalled commitment to assisting his clients to get the best possible outcome across a full service of commercial capability.
Recent transactions include:
Bracu Estate, Bombay, Auckland - Confidential
471 Wyllie Road, Warkworth - $6,500,000
152 Trig Hill Road, Waiheke Island - $3,500,000
11 Trig Road, Waihi - $7,800,000
402 Lake Road, Takapuna - $2,550,000
404 Lake Road, Takapuna - $4,130,000