Commercially zoned, operating as a residential rental with income of $30,160 PLUS advertising rental income of $10,800 from signage on the front fence.
This well maintained 1970’s home is located on the corner of Kerikeri Road and the New World entrance. Visibility and access would be the watch words if you are looking to place your business into this property or develop the unutilised back section to increase the rental returns.
Under the proposed district plan the property will be in the new mixed use commercial zone, allowing for a multi-levels of commercial and residential development.
The location will suit office or medical professionals with similar businesses in close proximity and multiple parking options nearby.
Vendors are motivated and preparing to have a change of direction and are looking for $995,000 plus GST if any.
Viewing is by arrangement only, so call us now to find out more.