This property is conveniently located within the Kaikohe CBD on the main retail strip Broadway, with a rear access off Routley Avenue. The property is currently configured as three tenancy areas. The major rear portion of the property is currently vacant, and could potentially be a great opportunity for an Owner Occupier to operate their business from the property, whilst earning an income from the other tenancies.
The rear portion of the property would be perfectly suited for industrial uses as it includes a workshop, large canopy area and a generous amount of yard area. One NZ occupies a minor area of the rear portion for a telecommunications tower, and the front of the property is tenanted by the Haiwaiki Aio Trust, utilising their premises as a gym and a sewing workshop. These tenants bring in a combined income of $34,000 + outgoings + GST pa.
KEY FEATURES:
• Freehold land area: 2,827m²
• Floor area: 990m² (approx.) (third party info)
• High visibility property on Kaikohe’s main retail strip
• Owner occupier opportunity
• Rear access off Routley Avenue
For Sale: $520,000 + GST (if any)