54 Barrys Point Road, Takapuna

price information

We show sold price once a sale is settled. For pricing information in your area, contact the salesperson.

488m² Floor Area

751m² Land Area

WAVE OF INTEREST EXPECTED FOR BARRYS POINT SALE

Fee Simple land 751m² (more or less)
Building area 488m² (more or less)
Prime location and position
Favourable underlying Mixed Use zoning
Multi-tenanted and split income stream
Successful water sports tenants and cell tower
Short and long-term add-value potential
Opportunity for investors, land bankers, and occupiers

This is an exciting opportunity to own a quintessential Barrys Point Road commercial asset. Situated on the eastern side of Barrys Point Road in a high-profile position, ticking all the boxes for a premium investment property.

The 751m² site comprises two versatile buildings and 10 car parks, with a split income stream from three tenants (two water sports retailers and a Spark cell tower), producing a conservative rental income of $107,271 per annum net on varying lease terms.

The tenants benefit from the location's 'destination status' for sporting and recreation goods, boasting 21 metres frontage, the property offers both convenient parking and high-profile signage, and has been consistently occupied throughout its history.

The tightly held location speaks for itself, underpinned by favourable Mixed Use zoning, a north-westerly aspect, and backing onto a grassy reserve, astute investors will note the long-term potential as well as the immediate add-value upside.

A rare opportunity that has come to the market for the first time in 30 years, we look forward to your further interest, please feel free to get in contact with the Sole Agents anytime for a copy of the information pack and to book your private inspection.

Call agent Email agent

54 Barrys Point Road, Takapuna

Sold February 2021

WAVE OF INTEREST EXPECTED FOR BARRYS POINT SALE

Property details

Call Nick & Max

Ask a question about 54 Barrys Point Road, Takapuna