Encompassing one of New Zealand’s best, mixed-use development opportunities of global significance, Main Beach represents a remarkable future development opportunity to embellish a truly iconic, skyline defining project. Zoned ‘Business Metropolitan Centre’ under the Auckland Unitary Plan, the planning regime provides for a plethora of development opportunities.
Occupying a grandstand position in Auckland’s premier and vibrant beachfront locale, Takapuna Beach, the site offers a significant 9,482sqm (more or less) freehold landholding that is presently occupied by five, attractive commercial assets and generates a substantial holding income of circa $3M per annum, that is well supported by a diverse tenant mix.
With over $1B* in commercial investment value transacting over the past ten years, Takapuna has firmly established itself as a proven Asia-Pacific investment destination catering to an ever-growing list of high-net-wealth individuals, family offices and institutional investors. Furthermore, a recent uptick in transformative development projects and commitment from major developers within the immediate precinct will undoubtably bolster Takapuna as a credible investment choice for discerning buyers.
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*source: Core Logic