137-139 Lake Road, Belmont, North Shore City, Auckland

137-139 Lake Road, Belmont, North Shore City, Auckland PRIME NORTH SHORE RETAIL INVESTMENT

Deadline sale: Closes on Thursday 20 February 2025 at 4:00PM (unless sold prior)

These quality retail shops have stood the test of time, both occupied by successful food retailers on long-term leases and up for sale for the first time in over 26 years.

In the heart of Belmont, they service a huge catchment of affluent residents as well as nearby schools and a significant flow of vehicles that enjoy convenient street parking.

Aside from the busy location, the tenants enjoy modest rents and parking at the rear of the site via Bayswater Avenue.

Underpinned by favourable Local Centre zoning in a high-profile North Shore location, this opportunity will suit investors seeking an affordable investment with solid fundamentals.

KEY FEATURES:

• Fee simple tenure

• Land area 427m² (more or less)

• Total buildings 310m² (more or less)

• Ideal-sized neighbourhood retail shops

• Successful tenants on long-term leases

• Extra income from ASB ATM

See this listing on Barfoot & Thompson