Albany - OCCUPANCY OR INVESTMENT OPPORTUNITY

Description

Auction: 129 Hurstmere Road, Takapuna on Thursday 20 February 2025 at 12:00PM (will NOT be sold prior)
This property presents an excellent opportunity for both owner-occupiers and add-value investors.
An established café/restaurant has been operating here for over 10 years. The tenant’s lease is nearing its end, providing flexibility for new occupants. The high-stud retail space and several existing windows offer astute buyers the potential for expansion.
Preliminary designs suggest the possibility of adding a mezzanine floor above the restaurant space, transforming it into a two-bedroom apartment.
This property is located at the northern end of a modern retail complex, providing excellent frontage and visibility to vehicles traveling along the Avenue toward Paremoremo and Albany. Neighbouring businesses include a liquor store, dairy, butcher, educational provider, and more.
Situated in a prime location, the property lies within a residential catchment area, north of Albany Village, just off Dairy Flat Highway in Albany. This growing commercial hub on the North Shore is close to recent developments in Oteha Valley, the expanding Westfield Mall, and new housing projects in the area. Albany’s ongoing growth offers significant potential for investors and owner-occupiers looking to establish themselves in this vibrant market.
This is a unique opportunity to secure your place in Albany’s thriving market. Don’t miss out—contact the sole agents today!
KEY FEATURES:

• 85m² high-stud retail space
• 38m² covered courtyard
• Eight exclusive car parks
• Established café/restaurant
• Potential to add a mezzanine