Calling all Investors and Owner-occupiers. This property must be sold.

The Tenant, ASB Bank Limited has been in occupation since 2004 and is currently operating on a periodic lease. For the astute investor, this could provide holding income while the asset is repositioned. On the other hand, for a local business, this is a golden opportunity to purchase your own premises (the lease can be terminated by providing three months' written notice).

The bank has maintained the building's exterior and front-of-house retail area exceptionally well. Underneath the retail is a separately accessed, highly functional basement storage area of 140m². Use cases abound with an open plan configuration, separate toilet, roller door and stud height of 2.9m.

Features:
- 602m² freehold site
- High-profile main road position with dual frontages
- 171m² retail + 140m² storage
- NBS rating of 67%
- 5 on-site car parks
- Shared right of way to rear parking
- Zoning: Business Town Centre

The executor of the estate has issued NAI Harcourts with a clear directive - sell. The Auction is to be held at 128 Hurstmere Road, Takapuna on the 24th of August 2023 (unless sold prior).

All relevant documents can be easily downloaded via the link provided. To find out more or schedule a viewing appointment, contact the exclusive agents at NAI Harcourts today.