429 Tamaki Drive, St Heliers Unparalleled waterfront opportunity

Available PropertyFiles:

  • /LIM Report/
    • LIM -429 Tamaki Drive, St Heliers.pdf
  • /Lease Documents/
    • Shop 1 - Lease in full.pdf
    • Shop 2 and 3 - Deed of Renewal 2007.pdf
    • Shop 2 and 3 Deed of Rent Review and Variation 2005.pdf
    • Shop 4 - DOL in full April 2023.pdf
    • Shop 5 - DOL in full.pdf
    • Shop 7 and 8 DOL 2008.pdf
  • /Record of Title/
    • CT 429 Tamaki Drive Freehold title.pdf
    • CT 429 Tamaki Drive Leasehold title.pdf
  • /Seismic Report/
    • IEP - 429 Tamaki Drive.pdf

Property Description

• A rare freehold retail investment opportunity in a premium waterfront location
• Business - local center zoning offers a wide range of future development possibilities
• A diverse income stream of approximately $315,682 per annum plus GST

Properties of this caliber are seldom available. Don't miss this exceptional opportunity! It should be seriously considered by discerning investors, value seekers, and developers alike. This outstanding property is centrally located in the heart of St Heliers Bay Village, a lively seaside neighborhood with a variety of retail options and a plethora of well-known cafes, bars, and restaurants. Situated along St
Heliers Bay Beach, this block of retail spaces is mostly occupied by established tenants and is a local landmark.

This suburban shopping center comprises eight shops with six separate tenancies, providing multiple and diversified rental income streams. This unique seaside village offers ample on-site parking and is widely recognized by locals as the vibrant, upscale "eat-street." All leases include demolition clauses, offering flexibility for future redevelopment.

The demand for waterfront properties in this area continues to soar. Excellent future development opportunity not to be missed.

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Contact Tony Chaudhary

Bayleys Real Estate Limited, Manukau

Licensed under the REA Act 2008

021995121   tony.chaudhary@bayleys.co.nz   All Listings

Throughout his distinguished 18-year career with Bayleys, Tony Chaudhary has built an exceptional reputation in New Zealand's commercial property sector. His proven strategies and outstanding results have established him as a leading figure in the South, East & West Auckland markets.

Market Excellence: With deep expertise in investment sales and tenanted retail opportunities, Tony has become a trusted name across Auckland. His comprehensive analysis of market dynamics and keen understanding of yield optimization enable clients to maximize their investment returns. This specialized knowledge, combined with strong connections to property owners, corporate clients, national retail groups, and international investors, frequently unlocks opportunities before they reach the open market. Through years of trusted partnerships and masterful negotiation skills, Tony has achieved numerous record-breaking sales that consistently deliver superior outcomes for his clients.

Strategic Innovation: Several key factors distinguish Tony's approach in the competitive marketplace. His extensive network of investors, business owners, and developers facilitates swift, efficient transactions, Tony identifies and maximizes each property's unique value proposition with sophisticated marketing strategies and deep market insights, making him the trusted advisor for discerning property owners seeking exceptional results.

Backed by the prestigious Bayleys brand, Tony's commitment to excellence and client success continues to set new standards in commercial property services. His strategic guidance and comprehensive market knowledge make him the preferred choice for investors seeking to optimize their property portfolio value in today's dynamic marketplace.