Enjoy the passive return from this high-profile retail property, perfectly positioned on the sunny side of Kerikeri Road in the vibrant Kerikeri CBD. Offering exceptional visibility and foot traffic, this is a rare opportunity to secure a tenanted property in one of Northland’s highest growth towns.
The 213m² Freehold property is surrounded by prominent businesses such as Unichem Pharmacy, Westpac Bank and various boutique stores. This premium position ensures constant visibility for the property’s secure Tenant, Grill 21, on a 6 year lease. The building features a staff carpark at the rear and there is ample on-street carparking available for customers, making shopping here easy and accessible. This simple concrete block building had a new roof installed in 2023.
With limited commercial opportunities in this prime CBD location, this freehold investment property with a large land area is an excellent addition to expanding your property portfolio, or your first commercial property. The 2022 Ratable value is $560,000.
KEY FEATURES:
- Tenanted by Grill 21 on a 6-year lease
- Freehold land area: 213m²
- Floor area: 84.4m² (approx.)
- Simple concrete block building
- New roof installed in 2023
- Exceptional location within Kerikeri’s vibrant CBD
- High profile property with excellent road frontage on Kerikeri’s high street
For Sale
By Negotiation + GST (if any)
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