2 Montgomery Avenue, Rothesay Bay Suburban Hospo Gold - occupation opportunity

Available PropertyFiles:

  • /A. CT and Easements/
    • Montgomery 2_NA1930_71_Title.pdf
  • /B. LIM Report/
    • Montgomery 2_LIM.pdf
  • /C. Lease, Building Reports and Valuation/
    • Barber Shop Agreement.pdf
  • /C. Leases, Building Reports and Valuation/
    • Dog Grooming Shop Agreement.pdf
    • Floor plan.pdf
    • Initial Seismic Assessment.pdf
    • Plans.pdf
  • /D. Council Property files/
    • Council Property Files.zip

Property Description

• 316sqm (more or less) freehold corner site in East Coast Bays
• Three individual tenancies
• Future development potential for apartments on the upper floor

Situated in the heart of the East Coast Bays this neighbourhood gem is offered to the market with vacant possession of the anchor hospitality tenancy with additional income from an established barber and dog groomer. The property has been carefully renovated to a high standard by the current owner-occupiers providing an immaculately presented offering for prospective purchasers to consider a range of occupation or investment options. With several established suburban neighbourhood restaurants through the Bays with strong trading history this is an excellent opportunity to take advantage of this turn-key proposition and capitalise on a high socio-economic demographic within the immediate catchment.

The site occupies a corner position with the potential for stunning viewshafts from upper floors to the East and North taking full advantage of this ridgeline position and development potential. Freehold commercial properties of this size on the North Shore are extremely rare providing excellent investment fundamentals.

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Terms of Supply

The following information has been supplied to Bayleys Real Estate Limited (“Bayleys”) to be made available to any prospective interested parties for general information purposes only.
Bayleys and the Vendor do not warrant the accuracy or completeness of the information and recommends that all recipients make their own enquiries to their satisfaction in all respects and seek their own independent expert advice.

Contact Michael Nees

Bayleys Real Estate Limited

Licenced under the REAA 2008

+64 9 489 0963   +64 21 182 3085   michael.nees@bayleys.co.nz   All Listings

Michael is a Senior Broker at Bayleys Commercial on the North Shore. Specialising in Investment Sales, Michael has concluded in excess of $200 million of transactions of this nature and has been a top 5 Broker at Bayleys North Shore for the last 3 years.

Recognised as one of the leading Investment Sales Brokers across all agencies on the North Shore, Michael has amassed numerous accolades in his career including membership to a distinguished national group of brokers under the age of 35 to achieve specific key performance indicators.

This blend of experience and results combined with a youthful passion and enthusiasm for his work has produced an impressive track record of record prices/yields and a reputation for being able to conclude some of the most challenging transactions in the market in recent memory.

Michaels philosophy is simple, to add value to his clients transactions by any ethical means necessary. Armed with a Degree in Property Valuation and Management and a determined and tenacious nature this often involves going beyond the “extra mile” to achieve the best outcome for his valued clients.

Michael has a proud North Shore heritage being a Rangitoto College and Massey University alumni and is passionate about the future of the region.