Iconic Building Strategically positioned on Kumeu’s Main Road. This mixed‑use freehold property offers strong exposure, and future redevelopment potential.
A freehold site of 809qm. The property comprises two combined street‑front retail units constructed circa the 1950s, occupying a prominent frontage that benefits from excellent visibility and consistent vehicular and pedestrian traffic. The retail space is leased to a long‑standing and well‑established occupier operating both a café and children’s events business, generating regular foot traffic and contributing to the vibrancy of the surrounding commercial area. The tenant draws patronage from throughout the wider Kumeu and Huapai catchment, reinforcing the property’s established trading position.
The site is zoned Business – Town Centre, allowing for a wide range of commercial uses and offering longer‑term redevelopment or intensification potential, subject to requirements. A small one‑bedroom dwelling is located to the rear of the site and is currently vacant, providing ancillary value and flexibility.
Underpinned by passing income and positioned within one of West Auckland’s growing town centre locations, this property presents a compelling opportunity for investors and developers seeking both holding income and future upside.
For more information or to arrange a viewing, please contact our West Auckland experts today!
Features:
- Iconic site
- Prime exposure
- Current passing annual income of $29,130.43 p.a. net + GST
- Potential redevelopment
- Tightly held location
More information: https://www.colliers.co.nz/p-NZL67039109
