FOR SALE
DEADLINE PRIVATE TREATY 8TH DEC 2021 4PM (UNLESS SOLD PRIOR)
An outstanding opportunity to secure a quality, multi-tenanted investment with the added bonus of bare development land on the adjoining site.
Takapuna’s Barrys Pt Rd is a tightly held commercial location and highly sought after. Benefitting from its central North Shore location close proximity to the motorway network and Auckland CBD.
13 Barrys Pt Road comprises a freehold site of 1,556m² with 989m² lettable area. Overall it is an attractive, character development which is split to seven different tenancies. These vary in size and layout but have attracted a good mix of tenants with a variety of clean business uses.
Currently the net rental return for 13 BPR is $216,960pa + GST and outgoings.
15 Barrys Pt Road is the adjoining vacant site of 855m². This is partially gravelled for carparking which provides holding income
Enjoy the multiple income stream now … re-develop the bare land to unlock the full potential.
Astute investors should enquire now.
Features
-Two adjoining sites provide income with upside
-Multiple income streams
-Zone – Business Mixed Use
-13 BPR site area 1,556m²
-13 BPR net lettable area 989m²
-Net Rental Return $216,960pa
-Attractive development with 7 separate tenancies
-15 BPR – 855m² Vacant site with holding income
-Popular and tightly held location
-10 minutes to Auckland CBD