43 Taharoto Road, Takapuna Occupation or add value opportunity on prime corner site

Available PropertyFiles:

  • /A. Record of Title/
    • Taharoto Road 43_NA859_219_Title.pdf
  • /B. IEP - Seismic Survey/
    • IEP - Seismic survey.pdf
  • /C. Lease Details/
    • Lease details_ Taharoto Road.zip
  • /D. Council Property files/
    • Taharoto Road 43_Auckland Council Files.zip
  • /E. LIM Report/
    • Taharoto Road 43_LIM.pdf

Property Description

Offered to the market with both leases nearing expiry, this high-profile Takapuna property presents an outstanding opportunity for owner-occupiers and developers. Currently returning $297,317pa + GST from two established medical tenants, the property offers holding income with value-add potential.
Positioned on a prominent 897sqm (more or less) freehold corner site, the property comprises a two-level 700sqm building with 20 on-site car parks. The improvements are well maintained and benefit from an IEP rating of 110% NBS. Zoned Business – Mixed Use under the Auckland Unitary Plan, the site supports a wide range of future uses and intensification options.

Located near North Shore Hospital, Smales Farm, and the motorway network, the property sits in one of the North Shores most tightly held commercial precincts given the demand from tenants. With strong underlying land value and future flexibility, this is an opportunity not to be missed.
This is a pre-marketing opportunity, call the Sole Agents today to discuss.

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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.