46 Hurstmere Road, Takapuna Passive investment in Takapuna's retail heart

Available PropertyFiles:

  • /Certificate of titles/
    • 3250400-1.pdf
  • /IEP Report/
    • Hurstmere Road - 46 date 05052022 IEP Report.pdf
  • /LIM Report/
    • Lim report 46 Hurstmere Rd, Takapuna.pdf
  • /Lease Documents/
    • ATL 46 Hurstmere Rd Level 1 Suite 2.pdf
    • JW-102061-314-29-1 2020 Deed of Lease Tevaga Limited 2.pdf
    • JW-102061-314-291-1 Deed of Assignment of Lease (Golden Yogi).pdf
    • JW-102061-314-30-1 2020 Deed of Lease Keto Eats Ltd 1.pdf
    • JW-102061-314-32-1 190628 Takapuna Lease Signed (Starbucks).pdf
    • JW-102061-314-33-1 JW1020610141 117931 Deed of Lease Office 1 Level 1 Wilshire Holdings Ltd.pdf

Property Description

Passive investment in Takapuna's retail heart
• 473sqm (more or less) freehold building over two levels with 70% NBS
• Fully leased across five established tenancies returning $285,153.07pa + GST and outgoings
• Anchored by Starbucks on a 12-year lease to 2031

46 Hurstmere Road presents an exceptional opportunity to acquire a high-profile commercial asset in the heart of Takapuna. Anchored by global brand Starbucks, the property offers long-term income security and exposure in one of Auckland's most vibrant metropolitan centres.

This well-maintained 473sqm (more or less) two-level commercial building occupies a prominent corner site at the entrance of Parkway Arcade. It sits within the Business - Metropolitan Centre zone, offering future flexibility and development upside in a tightly held location. The building benefits from its proximity to major amenities including Takapuna Beach, Lake Pupuke, extensive retail, dining, and
public transport.

In December 2024, retail spending in Takapuna rose 3.1% year-on-year while Auckland overall declined about 2.1% during the same period. Transaction volume also increased by 4.3% demonstrating the strong defensive qualities of this high socio-economic location which underpin the property.

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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 Owen Ding

Owen Ding

Associate Director, Asian Markets

09 375 7439   027 565 0099   owen.ding@bayleys.co.nz   All Listings

Graduated with a Bachelor degree in finance, Owen has joined a very successful international sales team in the commercial property sector.

Owen has strong foundation in real estate having spent years previously working as a salesperson in a successful family real estate development business in Shanghai.

Owen is able to leverage off the combined market knowledge of the team and the broad resources of the wider Bayleys network to optimise outcomes for his growing client base.

Owen thrives on the fast-paced environment with his positive attitude.

Committed to the highest level of client satisfaction, his precise attention to detail and close monitoring of the property market ensures that every client receives the best possible levels of service.


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.