A high-profile site that sits in a prominent position on a busy road in Takapuna with unobstructed views towards the harbour and Auckland city offers prospective purchasers the opportunity to acquire a property with favourable zoning and outstanding future potential.
87 Barrys Point Road, Takapuna has 751sq m of net lettable area on a 1,181sq m freehold site that has 46m of road frontage. The property is zoned Business – Mixed Use Zone under the Auckland Unitary Plan.
Previously the site operated as a Carfe outlet, but the owner-occupier has moved offshore, presenting buyers with the chance to use the site for a similar purpose or reposition it and develop it.
Available with vacant possession, the property is located in a tightly held area and has excellent accessibility to the nearby motorway network. The site has dual access providing convenience for customers and occupants.
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Colliers Brokers Matt Prentice, Shoneet Chand, and Tom Peterson have been exclusively appointed to market the property for sale via deadline private treaty closing at 4pm on Tuesday 9 May, unless sold prior.
The existing building area is highly functional and includes 567sq m of canopy, a 77sq m cafe, 42sq m deck, a first-floor office that spans 32sq m, staff amenities, and a plant room.
Prentice, Director of Sales and Leasing at Colliers, says Barrys Point Road is one of the most sought-after locations on the North Shore.
“The property sits in a desirable area that always generates strong interest among buyers given its proximity to the motorway and Auckland’s CBD. The thriving Takapuna commercial district on Lake Road and Hurstmere Road is only five minutes away,” Prentice says.
“Because the property can be acquired with vacant possession it offers the new owner the chance to come in and immediately operate a similar business to the previous occupant given the facilities have been well maintained and are in excellent order.
“Alternatively, someone may have bigger plans for the property and choose to redevelop it for the future and take advantage of this key location.”
Chand, Director of Investment Sales at Colliers, says the zoning of the property will be highly appealing for buyers given the options it presents, including the prospect of using it for a residential development.
“The Business – Mixed Use Zone is typically located around centres and along corridors served by public transport,” Chand says.
“The zone provides for residential activity as well as predominantly smaller scale commercial activity that does not cumulatively affect the function, role, and amenity of centres. The zone does not specifically require a mix of uses on individual sites or within areas. There is a range of possible building heights depending on the context.”
Peterson, Industrial Sales Broker at Colliers, says the property has exceptional road exposure and experiences high traffic volumes during peak times.
“With outstanding views of the harbour and back across to the Auckland CBD this is one of the most eye-catching locations in Takapuna,” Peterson says.
“Properties with this much potential rarely come to the open market and we encourage all interested parties to contact us immediately to explore their options at this high-profile location.”
- Article supplied by Colliers
