429 Tamaki Drive, St Heliers Unparalleled waterfront opportunity

Available PropertyFiles:

  • /LIM Report/
    • LIM -429 Tamaki Drive, St Heliers.pdf
  • /Lease Documents/
    • 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
  • /Record of Title/
    • CT 429 Tamaki Drive Freehold title.pdf
    • CT 429 Tamaki Drive Leasehold title.pdf
  • /Seismic Report/
    • IEP - 429 Tamaki Drive.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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Contact Tony Chaudhary

Bayleys Real Estate Limited, Manukau

Licensed under the REA Act 2008

021995121   tony.chaudhary@bayleys.co.nz   All Listings

Tony Chaudhary’s proven strategies for attaining outstanding results for his commercial property clients have seen him rise through the ranks of Bayleys since joining the group 15 years ago. Tony has ranked amongst the company’s Top 5% of agents nationwide every year since joining Bayleys and he was awarded the esteemed title of No 1 Commercial Agent, New Zealand in 2020/2021.

Specialising in the South/East Auckland commercial property sales market, Tony’s expertise is also regularly called upon by his clients throughout the Auckland market as they recognise the value he can add to the real estate table.

Regularly dealing with individual property owners, corporate clients, high-profile national retail groups, and key international property clients, Tony’s business has grown exponentially on the back of repeat and referral business, record sales prices, a changing market, and clever solutions to his clients’ property challenges.

It is no surprise due to the continuing growth of the business that Tony is now supported by Janak Darji, Gaurav Minhas and Manu Pundir who each bring their own wealth of knowledge and expertise to the team. Tony’s proficiency in Hindi, Punjabi, and English, plus an understanding of Gujarati, allow him to gain people’s confidence and give him the edge in negotiations. Janak also speaks Gujarati and Gaurav also speaks Punjabi, Hindi and Fiji-Hindi.

Tony Chaudhary and his team efficiently services a growing national and international client base which values their diligent work, intelligent marketing strategies and proven negotiation skills that Tony has consolidated. Tony and the team invest significant time and energy to ensure that every avenue is pursued to find the right buyer for each property he is entrusted to market.

Deeply established in the Auckland commercial property market, Tony and his team, together with the reputable Bayleys brand, delivers exceptional real estate service to discerning property owners keen to realise true market value in the competitive marketplace.