The Takapuna renaissance continues with the leasing of a large retail space on Hurstmere Road to a well-known furniture and homeware retailer.
The Design Store will be the new tenant at 38 Hurstmere Road, a sizeable retail and office property owned by Auckland Council. Previously tenanted by Postie Plus, it was recently listed by Andrew Bruce and Isaac Tankard of NAI Harcourts North Shore, and leased by their colleague Dave Lane to The Design Store.
The building covers approximately 963m² of ground floor retail space plus 84m² of office and amenities.
Bruce says Takapuna is undergoing a renaissance with the likes of the development of McKenzies at the Commons, the Laneway Development at 40 Hurstmere Road and the recent acquisition of the Hall’s Estate By Cook Property Group. All are adding to the rejuvenation and improvement in products and services on offer.
Lane says The Design Store is expected to attract still more shoppers into Takapuna with its quality range of home furnishings and décor products.
“The Design Store is an example of the quality tenant being attracted to Takapuna, which is now a leading shopping destination,” Lane says.
Takapuna Beach Business Association General Manager Peter White says The Design Store is a double finalist in the Top Shop 2014 awards and he is thrilled a retailer of such calibre is coming to Takapuna.
“Obviously the site on Hurstmere Road is a large one and we didn’t want a vacancy. The Design Store is an ideal fit for us and we are looking forward to them being a part of Takapuna’s future going forward.”
The team at NAI Harcourts North Shore has had an excellent year assisting their clients in Takapuna and further afield. This is another significant deal done by the team and comes on the back of the $14.5m Hall’s Estate sale earlier in the year a little further up Hurstmere Road.