137-139 Lake Road, Belmont

Sold February 2025

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310m² Floor Area
427m² Land Area

PRIME NORTH SHORE RETAIL INVESTMENT


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

Property details

Location:
137-139 Lake Road, Belmont
Land area:
427m²
Property ID:
4058803

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