DEVELOPMENT OPPORTUNITY WITH HOLDING INCOME

This perfectly positioned property is situated on the entrance road into the Waipapa retail precinct and is just 350 metres from the State Highway 10 roundabout and is within close proximity to the Kerikeri township. Surrounded by thriving businesses like Truweld Engineering, Plumbing World and Mitre 10, this property is guaranteed excellent visibility and high traffic exposure. 

The 4,532m² Freehold property offers potential for Industrial or Commercial development. The fully gravelled property features a 3-phase power plinth and a water connection. The site has been used as a storage facility and there is 11 containers and a temporary shelter that can be included in the sale offering a good holding income prior to any formal development. 

Make the most of this great investment opportunity in one of the most desirable locations in the Bay of Islands! Secure your stake in Waipapa today.

KEY FEATURES:
•    Perfectly positioned vacant lot
•    Freehold land area: 4,532m²
•    3-Phase power plinth and water connection 
•    Within close proximity to State Highway 10 
•    Holding income

For Sale
$1,080,000 + GST (if any)

For more information or to view, contact us now!