429 Tamaki Drive, St Heliers Unparalleled waterfront opportunity

Available PropertyFiles:

  • /Certificate Title/
    • CT 429 Tamaki Drive Freehold title.pdf
    • CT 429 Tamaki Drive Leasehold title.pdf
  • /IEP Report/
    • IEP - 429 Tamaki Drive.pdf
  • /LIM Report/
    • LIM -429 Tamaki Drive, St Heliers.pdf
  • /Lease Document/
    • Shop 1 - Lease in full.pdf
    • Shop 2 and 3 - Deed of Renewal 2007.pdf
    • Shop 2 and 3 Deed of Rent Review and Variation 2005.pdf
    • Shop 4 - DOL in full April 2023.pdf
    • Shop 5 - DOL in full.pdf
    • Shop 7 and 8 DOL 2008.pdf

Property Description

• A rare freehold retail investment opportunity in a premium waterfront location
• Business - local center zoning offers a wide range of future development possibilities
• A diverse income stream of approximately $315,682 per annum plus GST

Properties of this caliber are seldom available. Don't miss this exceptional opportunity! It should be seriously considered by discerning investors, value seekers, and developers alike. This outstanding property is centrally located in the heart of St Heliers Bay Village, a lively seaside neighborhood with a variety of retail options and a plethora of well-known cafes, bars, and restaurants. Situated along St
Heliers Bay Beach, this block of retail spaces is mostly occupied by established tenants and is a local landmark.

This suburban shopping center comprises eight shops with six separate tenancies, providing multiple and diversified rental income streams. This unique seaside village offers ample on-site parking and is widely recognized by locals as the vibrant, upscale "eat-street." All leases include demolition clauses, offering flexibility for future redevelopment.

The demand for waterfront properties in this area continues to soar. Excellent future development opportunity not to be missed.

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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 Oscar Kuang

Oscar Kuang

Senior Broker, Asian Markets

09 375 7439   021 609 429   oscar.kuang@bayleys.co.nz   All Listings

Dedicating into commercial real estate industries for over 10 years, Oscar specializes in sale and leasing of commercial properties with proven sales & leasing track record.

His commitment of making a deal to both parties’ win-win situation through integrity, honesty and innovating thinking has gained him a professional reputation and an extensive client network.

With strong interest into history, social science and language, Oscar graduated with a Bachelor of Arts in the university of Auckland. Combining with his dynamic culture and multi-lingual, his worldview is enriched, and well-shaped by sustainability. He is an excellent communicator with fluency in English, Mandarin and Cantonese with a little in Spanish.

Oscar’s primary area of expertise is in assisting clients to optimize their investment portfolio sustainably through thorough market value analysis, prudent planning, and tailored sales/leasing strategies.

100% commitment, positive and integrity to deliver effective & efficient service is his implanted motto, and he strives to embrace any new challenges ahead.


Contact James Chan

James Chan

Director, Aisan Markets

09 375 8458   021 934 054   james.chan@bayleys.co.nz   All Listings

James Chan has been specialising in the sale of commercial property for nearly 30 years and is the first salesperson among Bayleys Real Estate’s nationwide commercial and industrial team to have achieved gross sales of more than $1 billion, placing him within an elite group of high achievers within the industry.

James is head of Bayleys’ Auckland-based international sales division, a team of multilingual salespeople specialising in servicing the property requirements of both offshore and local South East Asian investors.

James has been a top performing salesperson for many years, winning both Bayleys and the Real Estate Institute Salesperson of the Year (REINZ) awards on numerous occasions. Most recently, he was winner of Bayleys’ nationwide top auction agent award for 2011/2012; winner of Bayleys’ national top commercial and industrial salesperson award in 2011/2012 and runner up in 2012/2013; and runner up in REINZ national salesperson of the year award for 2011/2012. Bayleys Top Achievers status every years for the past 30 years.

Born in Hong Kong, James is fluent in Mandarin and Cantonese as well as English and says his “rich cultural base” gives him a point of difference in the marketplace. “I try to bridge the Kiwi and Asian way of thinking, acting as a mediator between the two. I always try and create an outcome that produces a win-win for vendors and buyers.”

In the time he has worked for Bayleys, James has built up a vast network of contacts both within New Zealand and throughout Asia. These not only include investors but also banks and financiers, lawyers, immigration consultants and other professionals. Due to "word of mouth" and as the result of numerous successful transactions over many years, James has built a level of trust and reputation which means clients personally seek out his advice.