2 Hurstmere Road, Takapuna

For Sale! - Iconic Retail!
Our Vendor is selling this iconic landmark retail property positioned at a prominent Takapuna location, well known as "Halls Corner". The property is Anchored by TSB Bank (approx. 43% of income), other tenants include Three Wisemen, Umi Sushi, Old Lolly Shop, Box'd, Mr Yum, and Reflexology. They provide a consistent stream of split risk income. - Split risk with 7 tenancies - Net income: $538,958 p.a. - Retail area: 552.38m² - Office area: 73.49m² - Car parks: 6 spaces - Freehold land area: 842m² (more or less) - Zoning: Metropolitan Centre Zone - Permitted height 24.5m If you are looking for a combined larger holding, we also have available, the adjoining property at 4 Hurstmere Rd, comprising freehold land area 332m² more or less with an income stream from 5 tenancies. Further details are available upon request. Auckland Council has committed to substantial urban regeneration in Takapuna - a key metropolitan centre for growth and development. This is set to drive huge increases, with a forecast 15,000 extra residents and 15,000 employees by 2040. These steps include "Takapuna Central," a 110 premium apartment project underway within 100 metres of "Halls Corner". The public investment within this affluent area is bringing major benefits to this premier location. For more information and an appointment to view this property, please contact the agents at NAI Harcourts Cooper & Co today.Our Vendor is selling this iconic landmark retail property positioned at a prominent Takapuna location, well known as "Halls Corner". The property is Anchored by TSB Bank (approx. 43% of income), other tenants include Three Wisemen, Umi Sushi, Old Lolly Shop, Box'd, Mr Yum, and Reflexology. They provide a consistent stream of split risk income. - Split risk with 7 tenancies - Net income: $538,958 p.a. - Retail area: 552.38m² - Office area: 73.49m² - Car parks: 6 spaces - Freehold land area: 842m² (more or less) - Zoning: Metropolitan Centre Zone - Permitted height 24.5m If you are looking for a combined larger holding, we also have available, the adjoining property at 4 Hurstmere Rd, comprising freehold land area 332m² more or less with an income stream from 5 tenancies. Further details are available upon request. Auckland Council has committed to substantial urban regeneration in Takapuna - a key metropolitan centre for growth and development. This is set to drive huge increases, with a forecast 15,000 extra residents and 15,000 employees by 2040. These steps include "Takapuna Central," a 110 premium apartment project underway within 100 metres of "Halls Corner". The public investment within this affluent area is bringing major benefits to this premier location. For more information and an appointment to view this property, please contact the agents at NAI Harcourts Cooper & Co today.
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Available Files
  • PDF

    6. Deed of Assignment - Rong & Jun to LZ Fresh - 2020

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    6. Deed of Assignment - Takapuna Sushi to Double One - 2014

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    6. Deed of Assignment - Umi Sushi to Takapuna Sushi - 2012

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    6. Deed of Lease - Umi Sushi - 5th Dec 2008

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    6. Deed of Renewal - LZ Fresh - 2021

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    6. Deed Of Renewal - Rong & Jun - 2019

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    6. Deed of Renewal & Rent Review - Double One - 2016

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    6. Deed of Renewal & Variation -Umi Sushi - 2012

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    7. Deed of Lease - Jun Co - 26th July 2022

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    8. Licence - Phantom Billboards

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    BWOF - 2 Hurstmere Rd - 2022-2023

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    Car Park Plan - Halls Corner

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    Certificate of Title - 1-2 Hurstmere Road

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    Hurstmere Rd 2 - Infomation Memorandum-v3

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    LIM - 2 Hurstmere Road

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    Seismic Report - Halls Corner

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    1. Deed of Lease - TSB Bank Ltd - 23rd Sept 2014

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    1. Floor Plan - TSB

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    1. Rent Review Notice - CPI - TSB Bank Ltd - Rent Review Notice - CPI - 2022

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    2. Bank Guarantee - Three Wise Men - 2023

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    2. Deed of Lease - Three Wise Men Holdings Ltd - 16th Feb 2016

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    2. Deed of Right of Renewal - Three Wsie Men - Jan 2023

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    2. Deed of Variation - Three Wise Men - 2021

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    2. Deed of Variation - Three Wise Men - April 2022

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    2. Floor Plan - Three Wise Men

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    3. Agreement to Lease - Littlewish - 28th Aug 2019

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    3. Fixed Rent Review - Littlewish - 2023

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    3. Floor Plan - Little Wish

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    4. Deed of Lease - Sweet Station - 7th June 2022

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    4. Floor plan - Sweet Station

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    5. Deed of Lease - Nature Reflexology - 21st Dec 2018

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    5. Deed of Variation of Lease -Nature Reflexology - 2022

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    6. Bank Gurantee - LZ Fresh

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    6. Deed of Assignment - Double One to No 1 Sushi - 2016

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    6. Deed of Assignment - No1 Sushi to Rong & Jun - 2018

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    Auction Sales and Purchase Agreement - 2 Hurstmere Road (approved)

  • Salespersons
    Dave Lane
    Licensed Sales Consultant REAA 2008
    Isaac Tankard
    Licensed Sales Consultant REAA 2008
    Harcourts Cooper & Co