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470 Beach Road, Murrays Bay, North Shore City, Auckland, 3 Bedrooms, 1 Bathrooms, House

Price by Negotiation

470 Beach Road, Murrays Bay, North Shore City, Auckland

3
1
17
490m2
1236m2
HouseListed on Fri Feb 2

Murrays Bay 3 Bedroom Overseas Buyer Must See! Location & Views

Perched gracefully along the scenic coastline, this premier commercial property at 470 Beach Road is a true gem on Auckland's coveted North Shore. Offering an elevated position with sweeping panoramic views of Murrays Bay, this exceptional site presents not only an outstanding investment but also the promise of lifestyle and prosperity.

Strategically located just steps from Murrays Bay Beach, this property is surrounded by the North Shore's best amenities, including top schools, renowned restaurants, beaches, surf and tennis clubs, supermarkets, and vibrant local shops. Its coastal setting, combined with its high visibility, makes this property a standout opportunity.

Spanning 1,236 sqm of prime freehold land, the northeast-facing building covers approximately 490 sq m and currently houses three well-established restaurants. Bathed in natural sunlight, this property's zoning as a Neighbourhood Centre opens the door to future development opportunities, with concept plans and the council property file available for review.

This fully tenanted property generates a reliable annual income of NZD $200K+ GST, with CPI rent reviews ensuring steady returns. Tenants cover all outgoings, including rates and insurance, providing a seamless income stream for the owner.

With a motivated vendor offering this rare turnkey investment, now is the perfect time to seize this remarkable opportunity. Whether you're looking for a solid income-generating asset or a property with vast future potential, this is a chance you don't want to miss.

Overseas buyers and agents welcome. Contact us for more details or to arrange a viewing.

Boundary lines are indicative only. Some images are artist impressions.

Location

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Council Data

Last update : 2024 12 11
Improvement value$875,000Increased by 45% from year 2017
Land value$2,700,000Increased by 30% from year 2017
CV(Year 2021 Month 06)$3,575,000Increased by 33% from year 2017
Land area1237m²
Floor area490m²
Decade of construction1973
TitleNA26A/203
Type of titleFreehold
Legal descriptionLOT 2 DP 54358
CouncilAuckland - North Shore
Estate descriptionFSIM,1/1,LOT 2 DEPOSITED PLAN 54358,1236m2
Council rates$20,177.20
2023/2024
ConditionExternal Walls: Good
Roof: Good
ZoningBusiness - Neighbourhood Centre Zone

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Murrays Bay School
0.50 km
Primary
1-6
Government
Co-Educational
EQI: 362
10
Murrays Bay Intermediate
0.71 km
Secondary
7-8
Government
Co-Educational
EQI: 381
10
Rangitoto College
1.48 km
Secondary
9-15
Government
Co-Educational
EQI: 400
10
Northcross Intermediate
3.02 km
Secondary
7-8
Government
Co-Educational
EQI: 407
10

Property history

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For developers

Unitary plan:Business - Neighbourhood Centre Zone
Land:1236m²
Title:Freehold

Surrounding facilities

Beach Road Neighborhood and Surrounding Data

Suburbs

Data analysis - Murrays Bay properties data
Murrays Bay property trend
Year
Median price
Growth
Sales count
2024
$1,592,500
7.3%
12
2023
$1,483,500
-3.6%
6
2022
$1,538,888
-16%
3
2021
$1,832,500
12.7%
12
2020
$1,626,000
28%
13
2019
$1,270,000
15.5%
12
2018
$1,100,000
-23%
11
2017
$1,428,000
9.8%
10
2016
$1,300,800
-5.7%
19
2015
$1,380,000
56.7%
13
2014
$880,500
-
16

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
2 Lyons Avenue, Murrays Bay
0.12 km
4
3
240m2
Year 2024 Month 11 Day 28
-
Council approved
10 Lyons Avenue, Murrays Bay
0.23 km
4
3
250m2
Year 2024 Month 10 Day 14
-
Council approved
2/523 Beach Road, Murrays Bay
0.09 km
2
1
90m2
Year 2024 Month 09 Day 08
$1,000,000
Council approved
13 Scarboro Terrace, Murrays Bay
0.18 km
3
1
0m2
Year 2024 Month 09 Day 01
-
Council approved
456 Beach Road, Murrays Bay
0.31 km
5
2
235m2
Year 2024 Month 07 Day 17
$1,850,000
Council approved

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Ref:REM10159Last update:2024-09-20 15:25:58