Rural

167-185 Parkhurst Road, Parakai, Rodney

400K+ Rental Income,1.14ha CZ Land & Thermal Water

Unspecified
dollar

Negotiation

Bedroom
11
Bathroom
11
Land area
11439m²
Title type
Freehold

Property description

Listing # 897246|Listed on 21 August 2024

Secure a massive commercial footprint in Northwest Auckland. Boasting an incredible gross rental income of over $400k and a rare Auckland Council thermal water permit, this is the ultimate strategic land bank with development upside.

  • Total Land Size: 1.1440 Hectares (11,440 m²) across 3 separate titles.

  • Zoning: Business - Neighbourhood Centre Zone (Excellent height limits and mixed-use options).

  • Gross Income: Over $400,000 per annum from diverse leasing & Rental.

  • Commercial Tacks: Operational restaurant/bar, wholesale liquor outlet, retail shops, and a dedicated thermal complex.

  • Residential/Accommodation Tacks: 13 flats, 9 cabins, and 3 caravans generating steady, reliable baseline cash flow.

  • The Unique Advantage: Valuable Auckland Council thermal water permit included, anchoring the property to Parakai's famous hot mineral spring identity.

Perfectly positioned in the heart of the Parakai township, this property is ripe for immediate cash flow collection or future mixed-use retail and residential development.

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Barfoot & Thompson Ltd (Licensed: REAA 2008) - West Harbour

Eddie Zhao

Barfoot & Thompson Ltd (Licensed: REAA 2008) - West Harbour
185 active listings

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