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High Profile Commercial Investment Opportunity

5 freehold titles |  Circa 105m frontage to State Highway 1 

 
 
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The Opportunity

What a spot! Here is your opportunity to secure a high-profile site directly off State Highway 1!

This is an awesome opportunity not to be missed! If you have any questions, or would like some more information on the property, please contact Colliers SOLE agents Daniel Sloper or Nigel Ingham today.

Features:
 - 5 freehold titles
 - Circa 105m frontage to State Highway 1
 - 4 titles undeveloped. Future development potential
 - Split risk with 2 tenants
 - $132,000 p.a net income + GST & OPEX

*Boundary lines are indicative only.


Highlights

Feature Image 1

Five individual freehold titles covering 7,592 m² (more or less)

The property comprises five individual freehold titles covering 7,592 m² (more or less) of land zoned Business - Light Industry and Business - Town Centre. An exciting opportunity for the new owner to further develop the site, divest or land bank and hold.

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Split risk with two tenants 

Tenants include The Wellsford Inn, a well-known accommodation provider serving the community for many decades, and a branded liquor store at the rear of the building.


The Agents

Daniel Sloper-1

Daniel Sloper

Broker

Whangerai

Licensed under the REAA 2008

Nigel Ingham-1

Nigel Ingham

Director

Whangerai

Licensed under the REAA 2008


Location


Sales Process

DEADLINE PRIVATE TREATY 31ST MARCH 2022 4:00:47 PM (UNLESS SOLD PRIOR)


Enquire Today