Astute property buyers understand the value of commercial property, but for many smaller investors, entry into the commercial market feels out of reach. This property changes that.
Zoned Commercial with Residential Use, it offers a rare and flexible opportunity that combines the best of both worlds.
WHAT THAT MEANS
You can live in this generous 171sqm home exactly as it is. And yes, size matters.
When you compare recent residential sales under $900,000 in The Lakes, most are closer to 140sqm, often with a single garage, two bedrooms or even one bathroom. This home stands apart.
Here you’ll get so much more:
• Three genuinely large bedrooms
• The master has an ensuite
• Bathrooms with heated floors
• A huge living room
• Impressive kitchen
• An office nook
• A double garage
SO THAT MEANS
You can buy a roomy, well appointed home to live in, (or rent out), and enjoy living in an incredibly central location, in the tightly held popular Taumata School zone, just a short stroll to the local shops, cafes, and lakes walks. HOW FANTASTIC!
OR…THINK BIGGER
You could do what Bower, Rent Link, Property HQ, and others have done and operate a business from this uniquely zoned site. Council approval would need to be explored, but it has been successfully done before.
This zoning is not available to standard residential properties. It’s rare, flexible, and genuinely exciting.
LOTS OF POSSIBILITIES
Other owners in this zone have operated a commercial rental from the front side on Lakes Boulevard and rented out the other area as a normal tenancy. HHHHMMMM you do the numbers on that!
Some owners have separated off the Lakes Boulevard side and have it as their holiday retreat, or a place to stay when they are in Tauranga and they rent out the back. That is worth thinking about.
ACCESS FROM RIRE HAU OR LAKES BOULEVARD
This is a real advantage. Parking available on the Lakes Boulevard side plus three off-street parks via the quiet lane with direct access to the double garage. Parking and access from both sides. Now that’s interesting.
START THINKING
Do you want to work from home and have a proper office environment?
Are you hoping to run your business and also have a residential tenant?
Have you been wanting a cost-effective commercial property?
Do you need to supplement your mortgage to get on the property ladder?
Are you like other clever people who own in this zone and see the advantages here and are currently ‘land banking’ by renting it, while liking the possibility of other options?
There are simply too many elements to fully explain here. You really need to see it yourself and explore what could be done. This is an exciting property with many possibilities.
Contact Kath now before someone else works out just how special this option really is.