Rare leasing opportunity in Browns Bay

The property at 50 Anzac Rd is split into two tenancies. Photo / Supplied

By True Commercial

A recently made-over business premises in Browns Bay is for lease, offering a range of business accommodation options.

Originally developed on an 8800sq m rectangular site during the 1980s, the large property was refurbished following the departure of long-standing tenants last year.

The 4231sq m building at 50 Anzac Rd has space for warehouse, office or educational occupants, brokers say. It also has extensive outdoor carparking.

David Huang, Michael Nees and Ashton Geissler of Bayleys North Shore Commercial are marketing it for lease by negotiation.

The building is split into two tenancies:

• A 1507sq m high-stud warehouse with drive-through access and a sealed yard, plus 330sq m of office and amenities over two levels. Until recently this was occupied by longstanding tenant Active Joinery Ltd.
• The second tenancy, totalling 2394sq m, housed the Corelli School of Music until last year. It would suit an office, medical or educational user, with the layout providing a number of options, says Huang. This tenancy has 998sq m of ground floor; 809sq m of mezzanine office space; 311sq m of warehousing and an outdoor area of about 276sq m.

"This property could suit multiple tenants or one occupier - with the two spaces occupied by former tenants easily be combined," says Huang.

He says the Browns Bay's commercial precinct is the largest shopping area within the East Coast Bays locality and is popular with the substantial surrounding residential population.

"The town centre is close to one of Auckland's most popular beaches and has a relaxed laid back seaside atmosphere.

"Apartments have been developed in central Browns Bay recently, capitalising on being close to both the beach and town centre. This has added to the customer base for businesses in the area."

Huang says it's a good location to operate a business, close to Albany and the northern and southern motorways via Greville Rd - as well as the town centre and beach.

"Commercial accommodation is tightly held in and around Browns Bay town centre, so setting up base here represents quite an opportunity."