Positioned prominently on the corner of Lake Road and Egremont Street in the heart of Belmont, this 414m² (more or less) freehold site offers exceptional exposure with dual access points.
Surrounded by ongoing new developments and well-supported by nearby schools, shops, and local amenities, the property is also just a short stroll to the beach, marina, and some of Auckland’s most sought-after residential areas.
Zoned Business – Local Centre, the property has long been occupied by a well-established dental practice (Lake Rd Dentists), providing a reliable net income of $52,000 + GST per annum.
Importantly, the lease includes an early termination clause, offering future flexibility for redevelopment and unlocking the site’s full potential.
Key Features:
•Freehold title with prime corner positioning
•Land area: 414m² (more or less)
•Floor area: 160m² (more or less)
•Established medical use – dental practice
•Net rental income: $52,000 + GST per annum
•Lease includes early termination clause for redevelopment
•Dual access for added convenience and development flexibility
This is an outstanding opportunity for add-value investors and developers to secure a strategic site in one of the North Shore’s fastest-growing and most desirable locations.
Tommy Zhang
+64 21 760 889
[email protected]