Gain new perspective of Hauraki Gulf

The building overlooks Takapuna Beach. Photo / Supplied

A prestigious freehold strata floor overlooking Takapuna Beach and the Hauraki Gulf is being sold by deadline private treaty with offers closing at 4pm on August 27.

"Unit E on Level 3 at 95 Hurstmere Rd is a trophy property that will appeal to both investors and owner-occupiers," says Tim Turner, of Harcourts, who is marketing the property with colleague Rob Meister.

The floor comprises 508sq m of office space with a shared lobby area and five secure basement carparks. The elevated unit, on the fourth level of a five-level commercial office building, has 437sq m of office space and decking of 71.2sq m. Part of the property is leased to Smart Laboratories New Zealand at $83,000 net a year, leaving 200.5sq m of waterfront offices, decks of 38.7sq m and all five carparks available for occupation by an owner-occupier or for an new investor who could lease the space.

"During the last five years there have been no properties for sale on the market of this calibre in this location and with an income stream to help fund the purchase," Turner says.

Office space within the building, which was completed by Jonmer Projects in 1999, is carpeted, air-conditioned, partitioned and fully equipped with fire sprinklers.

The office space has been subdivided into two areas which share a common lobby and centrally located toilets.

The basement carpark is accessed via a lift with vehicles entering from the Strand through a secured, automated, metal roller door.

"The building is in a prime position on Hurstmere Rd, and overlooks Takapuna Beach and the Hauraki Gulf to the east and the city to the southwest," Turner says. Nearby developments include Shore City Galleria, the Bruce Mason Centre, Sands Apartment Complex and Mon Desir Apartments.

Turner says the office vacancy rate along the Takapuna waterfront is assessed at less than 1 per cent "compared with an 8 to 10 per cent average office vacancy rate for the Auckland region".

Other tenants are ANZ Banking Group, Galvin Law Barristers, Bravura Solutions, Fisher Funds Management and Premium Property Manage.

"It's a highly sought-after business location within Takapuna because of the quality of the building and the panoramic water views," says Turner.