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Split-Risk Commercial Investment in Wellsford

142-146 Rodney Street, Wellsford

Retail Property
dollar

Negotiation

Floor area
710m2
Land area
402m2
Title type
Freehold
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Map

Property details

Listing # 1271347 | Listed on 12 December

142–146 Rodney Street, Wellsford is a split-risk commercial investment in the heart of a fast-growing township, returning approximately $84,471.36 + GST per annum, with upside. Well presented and positioned on Wellsford’s main commercial strip, it offers wide street frontage, on-street customer parking at the front and all-day public parking at the rear.

Key features:

  • Approx. $84,471.36 + GST net income p.a. (with upside)
  • Multiple established tenants providing split-risk income
  • Vacant office space ideal for an owner-occupier or value-add investor
  • Wide main-road frontage and strong profile
  • Low-maintenance building with flexible internal layout

The property benefits from a broad tenancy profile, spreading risk across complementary businesses, including:
Hairdresser
Fitness centre
Beauty salon
Office users
Professional offices
Hospitality

Located between Warkworth and Mangawhai, Wellsford services a broad rural and town catchment and is growing as a key service hub, supported by new residential subdivisions and ongoing commercial development. This property suits investors seeking a stable, diversified income stream with growth potential, as well as owner-occupiers wanting to secure their own premises while offsetting costs with rental income.

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