A compelling split investment opportunity, prominently positioned within a thriving suburban shopping centre.
739 Whangaparaoa Road 1,012m² Town Centre zoned, with two well-established businesses, enjoying outstanding exposure on a high-traffic arterial road, benefiting from excellent car parking and strong passing trade.
The current tenants have completed four years, and have recently renewed for a further, nearly six-year term.
Current rental income is $64,572 per annum from two retail tenancies.
The diverse and complementary surrounding tenancy mix creates a vibrant retail precinct that drives consistent trade and supports long-term occupancy.
739 Whangaparaoa Road property is a freehold substantial landholding of 1,012m²
747F Whangaparaoa Road is a future development lot of approximately 340m² Town Centre zoned land
Both combined, these sites make a substantial development site of approximately 1,352m²
Penlink is under construction, which will make this desirable coastal site more valuable.
Whether you're seeking secure rental income today or positioning for tomorrow's upside, this is a rare chance to acquire a well-presented, dual-income asset with real underlying land value.
Opportunities like this don't last - act now to secure your position.
