Property listing ID: 86797
Following a comprehensive seismic upgrade, 34 Barrys Point Road is being presented fresh to the market presenting an exceptional opportunity to secure a high-yielding trophy asset in one of the North Shore's most popular commercial strips at the gateway to Takapuna. The substantial property boasts a 3,556m² floor area on a 2,104m² site (more or less), underpinned by Business - Mixed Use zoning and 100+ car parks. The property is fully tenanted producing $989,088 net income from a diversified tenant profile including national brands Kathmandu and Prendos. Split over four levels, the versatile tenancies comprise a mix of large format retail, retail, studios, and corporate offices fulfilling the strong demand for all of the above in Takapuna and presenting occupants with an accessible, high-profile building, ample parking and affordable occupancy costs. • Fee Simple land 2,104m² (more or less) • Building area 3,556m² (more or less) • Anchored by national brands Kathmandu and Prendos • Diversified investment income of over $989,000 per annum plus opex and GST and built-in rental growth • Trophy asset in super high-profile location For the full information pack, please feel free to contact the sole agents anytime.
Listed by Barfoot & Thompson , Nick Brown (North Shore Commercial)