https://www.commercialbrokers.co.nz/recent-sales-leases/a-multi-tenant-mixed-use-commercial-investment-on-lake-road%2C-a-prominent-location-on-the-devonport-peninsula.-a-compelling-opportunity-to-secure-a-well-located-asset-with-diversified-income-and-significant-value-add-potential.-the-property-was-purchased-on-an-attractive-7.4%25-yield%2C-providing-strong-initial-cash-flow-and-a-solid-foundation-for-future-income-growth.-a-key-component-of-the-investment-strategy-was-recognising-the-property's-exceptional-corner-profile-and-prominent-exposure-to-lake-road.-with-an-average-daily-traffic-count-(adt)-more-than-20%2C000-vehicles-per-day%2C-the-site-offers-outstanding-visibility-for-tenants-and-signage-opportunities.-the-value-add-strategy-focused-on%3A-%E2%80%A2-enhancing-signage-revenue-through-the-property's-premium-corner-position.-%E2%80%A2-improving-the-visibility-and-exposure-available-to-tenants.-%E2%80%A2-strengthening-tenant-appeal-through-increased-brand-exposure.-%E2%80%A2-maximising-the-property's-overall-income-generating-potential.-%E2%80%A2-continuing-to-optimise-tenant-mix-and-asset-performance-over-time.-this-acquisition-reflects-our-investment-philosophy-of-identifying-well-located-commercial-assets-with-strong-underlying-fundamentals%2C-multiple-income-streams-and-clear-opportunities-to-create-additional-value-through-active-ownership-and-asset-management. 2026-07-14 https://www.commercialbrokers.co.nz/recent-sales-leases/5 2026-07-14 https://www.commercialbrokers.co.nz/recent-sales-leases/13 2026-07-14 https://www.commercialbrokers.co.nz/recent-sales-leases/1 2026-07-14 https://www.commercialbrokers.co.nz/recent-sales-leases/2 2026-07-14 https://www.commercialbrokers.co.nz/recent-sales-leases/9 2026-07-14 https://www.commercialbrokers.co.nz/recent-sales-leases/7 2026-07-14 https://www.commercialbrokers.co.nz/recent-sales-leases/6 2026-07-14 https://www.commercialbrokers.co.nz/recent-sales-leases/12 2026-07-14 https://www.commercialbrokers.co.nz/recent-sales-leases/3 2026-07-14 https://www.commercialbrokers.co.nz/recent-sales-leases/4 2026-07-14 https://www.commercialbrokers.co.nz/recent-sales-leases/10 2026-07-14 https://www.commercialbrokers.co.nz/recent-sales-leases/11 2026-07-14 https://www.commercialbrokers.co.nz/recent-sales-leases/8 2026-07-14