- Bite sized investment with established tenant - Fee simple tenure - Returning $60,900 p.a. net + GST - Zoned Metropolitan Centre Zone (24.5 metre height limit) - Strategic Takapuna location This freehold Investment property is situated in the heart of Takapuna with a site area of 175m² (more or less) offering a prominent road front position on Lake Road Occupied by established long-term term tenant 'Kyo-Ya Japanese Restaurant' whose lease expires June 2028, this is sure to tick all the boxes. Investments in this price bracket are hard to come by in Takapuna, make sure you don't miss out. NAI Harcourts has been exclusively appointed to offer 426 Lake Road for sale by Deadline Private Treaty closing 19th December 2018 at 4:00pm (if not sold prior). To download further information please copy and paste this link into your browser: http://www.propertyfiles.co.nz/property/NSC28838.