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Listing Description
Listed: Wed, 20 Aug
BEST IN THE BAY
38-42 Clyde Road, Browns Bay, North Shore City, Auckland
Details
| Attribute | Value |
|---|---|
| Property use | Retail |
| Agency reference | 4082270 |
| Apply Online | http://www.tmsandbox.co.nz/Browse/Jobs/ApplyOnline.aspx?mode=apply_online&referenceId=2149712677&sellerId=0 |
Description
Deadline sale: Closes on Thursday 4 September 2025 at 4:00PM (unless sold prior)
With pride of place in one of the North Shore’s most popular suburbs, 38-42 Clyde Road provides not only a substantial income, but also significant future upside for investors. The current owner, of over 22 years, significantly upgraded the building in 2014 to 80% NBS, and it is one of the best presented properties in the bay. Returning $432,345 + GST per annum from eight separate tenancies, this is an ideal family trust investment.
On a single Freehold title of 1,487m² Business - Town Centre zoned land, the property boasts significant frontages to both Clyde and Inverness Roads. The site further benefits from 12 car parks and an internal loading bay at the rear. Don’t miss the opportunity to secure this generational investment.
KEY FEATURES:
- Multi-tenanted, Freehold investment
- High-profile corner site
- 1,487m² land area (approx.)
- 1,092m² of net lettable area (approx.)
- Business - Town Centre zoning
- 80% NBS rating