NAI Harcourts is excited to present to the market an absolute rarity. This exceptional blue-chip freehold industrial asset is positioned on one of the North Shore's most tightly held and highly sought-after arterial locations. Held by the same ownership for over half a century, this property represents a truly generational opportunity seldom seen, and highly sought after by investors, developers, and owner-occupiers alike.
The improvements comprise a versatile industrial complex, including multiple warehouse buildings, complemented by showroom and office space, as well as a functional mezzanine. A secure yard further enhances the usability of the site, catering to a wide range of occupiers.
Access is via a generous, wide driveway providing ease of vehicle movement and circulation, supported by 12 on-site car parks. With a pleasant outlook across the council reserve the property's location offers excellent connectivity, being just moments from the Northern Motorway via Esmond Road Interchange.
Currently generating holding income from a long-standing tenant, the property also features partial vacancy, creating an attractive opportunity for owner-occupiers or value-add investors seeking to establish themselves within a tightly held Business - Mixed Use zoned precinct. Positioned on the doorstep of the thriving Takapuna commercial and retail hub, this is a strategic acquisition with significant future upside.
- First time to market in over 50 years - tightly held asset
- 1,358sqm freehold title in a prime North Shore location
- Business - Mixed Use zoning with future flexibility
- Existing holding income from established tenant
- Partial vacancy offering immediate add-value or owner-occupier potential
- Scarce industrial supply in a high-demand area
Whether you are seeking a landbank with income, a value-add investment, or a future headquarters in a premium location, this property delivers on all fronts. Opportunities of this scale, flexibility, and provenance are increasingly rare and highly contested.
Retired owners want this sold - $2,875,000 +gst (if any)
For further information or to arrange an inspection please contact the Sole Agents.
Euan Stratton | 0275 807 439 or Andrew Bruce | 0274 985 852
