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Gracefully positioned along the scenic coastline, the exceptional commercial property at 470 Beach Road emerges as a premier jewel on the sought-after North Shore. Offering an elevated site with breathtaking panoramic sea views, it represents not just an investment, but a promise of prosperity and a lifestyle without parallel. With vistas over the stunning Murrays Bay, the horizon beckons with opportunities for substantial capital gains, establishing this coveted property as a North Shore treasure.
Boasting a prime coastal location, the property is strategically situated a mere stone's throw from the inviting waters of Murrays Bay, captivating with its prominence and charm. The corner site is nestled among prestigious schools, restaurants, beaches, surf and tennis clubs, supermarkets, and bustling local amenities, all serving to enhance its appeal.
Resting on 1,236 sq m prime freehold land and featuring a floor area of approx. 490 sq m including 6+ toilets, the northeast-facing building is bathed in sunlight, standing as a testament to boundless possibilities and potential.
Zoned as a Neighbourhood Centre, the property opens the door to a variety of development opportunities. Council property file and Concept plans are available, detailing potential transformative residential or commercial projects pending council approval. Presently, the property provides reliable returns with secure tenancies, offering an annual income of NZD $194,987.55 +GST with CPI rent reviews.
Annual rates, insurance and outgoings are paid by the tenants.
The motivated seller offers a rare opportunity to invest in a turnkey property with extensive future prospects. Dont miss the tide- act now to seize this opportunity and capitalize on this unique offering.
Inviting overseas buyers and agents for inquiries and conjunction.
*Boundary lines indicative only.
*Please note some photos are artistic renders.
Name | Distance | 类型 | Year | 属性 | 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 |
Year | Median price | Growth | Sales count |
|---|---|---|---|
2023 | $1,467,000 | -4.7% | 3 |
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 |
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.35 km | 3 | 1 | -m2 | 2024年05月01日 | $1,200,000 | Council approved | |
 | 0.21 km | 3 | 2 | 0m2 | 2024年04月15日 | $1,900,000 | Council approved | |
 | 0.44 km | 4 | 2 | -m2 | 2024年03月12日 | $1,427,500 | Council approved | |
 | 0.09 km | 6 | 3 | 0m2 | 2024年02月28日 | $1,337,000 | Council approved | |
 | 0.13 km | 4 | 2 | 0m2 | 2024年02月21日 | - | Council approved |