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Takapuna is going places. Make your move now!
Takapuna Retail Spending - October Marketview report
Takapuna had another very strong month for retail spending in October.
October 2024 compared to 2023 showed a 12.8% increase in spending. This is especially strong when compared to the Auckland average of -2.9%, CBD -7.1%, Newmarket -9.6%, Ponsonby -7.3%, KRoad -14.1% and Parnell -9.6%. This continues the positive trend over the last few months, with August having an increase of 6.3% and September increasing by 3.0%. October compared to September also showed a strong result, with an increase in spending of 12.4%.
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Located in the heart of Takapuna, this retail property on Hurstmere Road offers a prime opportunity for investors or business owners looking for a high-traffic location. With a spacious building area of 274sqm, this property is perfect for a variety of retail ventures.
Situated in a bustling urban area, this property benefits from its proximity to bus stops and city amenities. The outdoor space includes a sheltered sidewalk and street access, providing a welcoming environment for customers.
Key Features
• High profile street frontage
• In the heart of Takapuna retail
• 5 car parks available at extra cost
Outgoings paid by the tenant $39,900 + GST per annum.
Don't miss out on this rare opportunity to own a retail property in a sought-after location. Contact us today for more information and to arrange a viewing. Price Upon Application.