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TAKAPUNA RETAIL INVESTMENT – DEVELOPMENT UPSIDE

438 Lake Road, Takapuna

Retail Property
dollar

Negotiation

Floor area
230m2
Land area
349m2
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Property details

Listing # 4062804 | Listed on 6 May

Positioned in the heart of vibrant Takapuna and surrounded by renowned restaurants, cafés, and eateries, this premium retail investment presents an exceptional opportunity for investors, developers, and land bankers alike.

KEY FEATURES:

  • Net rental income - circa $163,400 + GST per annum
  • Tenancy mix - three well-located retail shops
  • Floor area - 230m² (approximately)
  • Land area - 350m² (approximately)
  • Zoning - Business – Metropolitan Centre zone
  • Car parking – five parks on-site
  • Location - high foot traffic area, only 400m from Takapuna Beach

This is a rare opportunity to secure split-risk income in one of Auckland’s most desirable seaside commercial precincts. With solid holding income and favourable zoning that supports future intensification, this property is ideal for those looking to invest now and develop later.

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