FOR SALE by Auction from 12.00pm, Thursday 22 October 2026 in rooms, 128 Hurstmere Road, Takapuna (unless sold prior).
This opportunity is perfect for investors looking for a stress-free, income-generating tenanted property with immediate cash flow and good monthly return.
The subject property presents an outstanding tenanted investment opportunity within Rosedale Mews Retail Complex. Currently leased under a new five-year lease term, this retail outlet offers a passive income stream, making it an attractive addition to any investment portfolio. The subject building is mostly constructed of concrete tilt-slab walls and aluminum joinery.
Located in a strategically positioned complex, the property benefits from convenient access via Rosedale Road and William Pickering Drive. It is situated among a diverse mix of retail tenants, complemented by upstairs office spaces, enhancing the overall appeal of the location.
The subject property's ground-level retail space is primarily used for chiller storage and a small processing area, serving the adjacent retail fruit shop. The rear access facilitates seamless movement between the two spaces. Please note that the internal photo of the fruit shop is of the neighbouring property; however, the same tenant leases both the fruit shop and the subject property under separate leases.
The subject property also includes two designated parking spaces at the rear and conveniences for customers, with ample customer parking at the front of the complex.
Details:
• Net income of $46,000.00 + GST per annum
• Brand new five year lease term with right of renewals
• Approx. 120 square meters over two levels
• Retail area at ground level, used for chiller storage and processing and office or soft retail upstairs
• The tenant is totally reliant on retaining the lease at the subject property to use for the servicing of its neighbouring fruit shop business
• Two allocated car parks to the rear
• Many customer car parks fronting the complex
• Situated at a well-known busy highly exposed street frontage corner location
For more information and an appointment to view this property, please contact the sole agent at NAI Harcourts Cooper & Co today.
