A property in the middle of the Beachlands Village retail area was passed in at NAI Harcourts’ auction yesterday.
Sitting between the village centre’s butchery & bakery, the property’s commercial frontage is occupied by the local police station and a PostShop/Kiwibank with Lotto outlet.
At the rear it has a residential building containing a 3-bedroom dwelling with ground-floor garage and a one-bedroom flat with a fenced yard.
The village centre remains Beachlands’ only retail area until a development comprising a Countdown supermarket & adjoining shops is built at the entry to Beachlands from the Whitford-Maraetai Rd.
Meanwhile, the area is expanding, with zoning for 1250 new houses.
38 Wakelin Rd:
Features: 922m² site, 2 separate buildings fully leased, one commercial, one residential, and a BNZ ATM machine
Rent: $98,756.80/year ($90,615 net of irrecoverable outgoings)
Outcome: passed in at a vendor bid of $1.3 million
Agents: Nicolas Ching & Scott Strong