- 635sqm (more or less) freehold corner site with 51m of frontage
- Returning approximately $481,605pa + GST (net)
- 100% leased with diversified income
- Unparalleled waterfront opportunity – first time available in almost 40 years
Prominently positioned on the corner of Tamaki Drive and St Heliers Bay Road, this
635sqm (more or less) freehold corner site boasts 51m of frontage with
unobstructed sea views in one of Auckland’s most desirable seaside suburbs.
The property is fully leased to a mix of hospitality, retail, and office tenants,
generating approximately $481,605pa + GST (net). Tenants are long-established
and benefit from a loyal, affluent residential catchment.
With Business – Local Centre zoning, the site also offers significant long-term
potential for a landmark development.
Waterfront holdings of this calibre are rarely offered to the market. This is a once-in-a-generation opportunity.