Barfoot & Thompson Commercial are pleased to offer to the market this significant and strategic Takapuna investment. This is an outstanding opportunity to secure a landmark trophy building in one of Auckland's most sought-after suburbs. Assets of this scale are seldom available in this tightly held location.
BDO Tower comprises a medium to high rise development of two stunning freestanding office buildings of 4 and 13 levels respectively including a ground floor café and three levels of car parking occupying a prominent site at the gateway to the Takapuna CBD.
The asset offers a solid income stream underpinned by BDO New Zealand and the government agency Child Youth & Family. There are 30 tenancies providing a net passing income of $2,638,849 p.a. with a fully leased net income of circa $3,000,000 p.a. The multiple tenancies offer a high standard of office accommodation, some of the best in Central Takapuna. The higher floors in the building enjoy spectacular views to the city, across the Hauraki Gulf to Rangitoto and Lake Pupuke. The property is strategically located next door to Shore City Mall and features dual road frontages to Como Street and Anzac Street.
Takapuna is one of the key metropolitan centres identified in the Auckland Plan as a priority for growth and development. This landmark Takapuna holding provides an excellent opportunity to capitalise on this assured future growth that will come with this prioritisation.
Register your interest with the sole agents for further detail and to discuss the opportunity further.
KEY FEATURES:
• Prominent 2155m² site with two road frontages
• Two towers of 4 and 13 levels
• Net lettable area 7,718.75m² (approximately)
• Three floors of 204 carparks
• 30 tenancies
• Diverse tenant covenants
• Potential income circa $3,000,000 p.a. net
• Landmark Takapuna opportunity