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Birkenhead, North Shore City, Auckland, 10 Birkenhead Ave NSC38583

Price by Negotiation

Untapped Freehold Potential

Situated in the heart of Birkenhead\'s commercial centre, 8-10 Birkenhead Avenue comprises of a 960m² (more or less) freehold site with a smart standalone two-level retail/office building.

Previously utilised as a BNZ bank branch, the property remains on monthly lease to the BNZ at an annual rental of $141,445.73 p.a. + GST + outgoings.

Total floor area of approximately 589.7m², consisting of ground-floor retail and offices, plus first-floor office and amenities. 12 car parks are situated at the rear of the building.

Zoned Business - Town Centre the property has massive untapped development potential with a maximum height limit of 27 metres. This elevated site on the ridgeline has frontage to Birkenhead Avenue and development of the site would have outstanding views of Rangitoto Island and Auckland Harbour, with vehicle access to the rear car park from Mokoia Road.

Investment Features:
- 960m² Freehold site
- Total Building area of 589.7m²
- Zoned Business Town Centre (27m height)
- 12 car parks
- Holding income $141,455.73 + GST + Outgoings
- Ideal for Add-Value or Owner-Occupier

Proposed scheme plans for a 5-7 level mixed-use commercial/residential development are available on request.

Calling all investors, owner-occupiers and developers - our overseas vendors want this sold and will meet the market!

To download further due diligence file copy and paste the below link:

Main Property Features

Listing Number: NSC38583
Approx Floor Area:
590 sqm
Land Size:
943 sqm
Property Type:
Office, Retail
Approx Floor Area:
Office Square Metres: 314
Retail Square Metres: 276
Carparks: 12
Property Details:
Tenanted Investment
Fee Simple
Photo of Isaac Tankard
Isaac Tankard
Licensed REAA 2008
Photo of Andrew Bruce
Andrew Bruce
Licensed REAA 2008
Photo of Nick Young
Nick Young
Licensed REAA 2008

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NAI Harcourts North Shore
128 Hurstmere Road Takapuna Auckland
Licensed REAA 2008

Property Location