2 Beatty Parade, Surfdale Auckland 1081

Big Yellow Taxi

Section Res Sold - Surfdale Auckland

They paved paradise and put up a parking lot.
On Waiheke Island planning rules protect paradise from parking lots. Unless they zone the land Industrial. Which is, on the island, extremely rare. If you need a parking lot, like the current tenant, or any of the other uses that only industrial zoning permits, there aren’t very many options. Let alone a large 1133m2 land holding with flat contour, a high quality water bore and well established tenants. Surfdale is an incredibly central location with a proven track record of capital growth. 2 Beatty Parade is just off the main road and is easily accessible, being about halfway between the vehicle and passenger ferry terminals. It is one of just five industrial properties with similar proximity.

The dual income stream sits at $93,600+GST p.a. and comes with a water bore and resource consent to take water. A local water cartage business leases the bore and the lease of the land is to the largest vehicle rental business on the island which is further underpinned by the local significance of rental and hiring businesses. Industrial land on paradise has never been more attractive.

*Under alert level 3, viewing is by appointment only. Viewings are limited, so please contact David Palfreyman to arrange an appointment*
*Buyers must be registered to bid at auction*

Auction 11am, Friday 29th October 2021 (unless sold prior). Auction to be held Online.

For more information please contact David directly.