An outstanding opportunity to secure a blue-chip commercial investment in the heart of Waipapa's thriving retail and trade precinct. Offered to the market for the first time in 25 years, this well-maintained property is leased to the nationally recognised liquor retail brand Liquorland. Part of grocery giant, Foodstuffs, this will provide investors with the security of a proven franchise and a long-term tenant.
Strategically positioned in Waipapa near Kerikeri, the property benefits from exceptional exposure to State Highway 10 - the main arterial route serving the Far North. This high-profile location captures strong passing traffic, making it a prime position for retail activity and ensuring ongoing visibility for the established tenant.
The building has been carefully maintained by the current owner over many years, reflecting pride of ownership and a commitment to long-term asset performance. Recent improvements include roofing, gutters, and new motorized roller door providing peace of mind and reducing future capital expenditure.
Waipapa continues to grow as the commercial hub supporting Kerikeri and the wider Bay of Islands region. With its central location, easy highway access, and strong mix of national brands and local businesses, the area attracts consistent local and tourist traffic year-round. The surrounding region's popularity as a lifestyle and tourism destination further underpins the strength of retail operators located here.
Key Investment Highlights:
- Long-term lease to established national liquor franchise Liquorland
- High-visibility position on State Highway 10
- First time offered to the market in 25 years
- Well-maintained building with recent upgrades including new roof and gutters
- Strong retail location serving Kerikeri, Waipapa and the wider Bay of Islands region
- Reliable tenant in a proven retail category
This is a rare chance to secure a tightly held commercial investment in one of Northland's most dynamic regional centres.
For sale by Auction (unless sold prior).
For further information or to arrange an inspection, contact the agents today.
