Property listing ID: 4112265
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 nearly six years have just renewed. 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 free-hold substantial landholding of 1,012 square metres • 747F Whangaparaoa Road is a future development lot of approximately 342m² Town zone land • Both combined, these sites make a substantial development site of approximately 1,354m² Pen Link 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.
Listed by Barfoot & Thompson , James Christie (North Shore Commercial)