Colliers is excited to market for sale the add value opportunity at 5 Mangorei Road, New Plymouth.
The property comprises of a 486 square metre site, improved by two self-contained buildings previously used for retail / showroom purposes and easily converted into residential. Situated just off the corner of Devon Street East and Mangorei Road in the popular suburb of Strandon. It is within a short walk from the East End and Fitzroy Beaches, Coastal walkway and Fitzroy Shops. It is within 5 minutes to the centre of the CBD.
5 Mangorei Road will be attractive to owner occupiers, commercial and residential purchasers as well as developers who see the potential of the location. The property is zoned Business B, lending itself to a range of activities.
Asking Price: Offers over $700,000
For more information or to arrange an inspection contact:
Benet Carroll
0210 289 4537
benet.carroll@colliers.com
Please note: all floor areas are approximated only.
Features:
- Prime development site or refurbishment opportunity
- Site Area: 486 sqm (approx.)
- Floor area: 321 sqm (approx.)
- The existing structure has solid bones and functional layout
- Potential to add value through dual occupation
- Sought-after Strandon location, with profile and close to the beaches
- Surrounded by mix of cafe / dentist / mechanic and modern residential
- Business B zoning allows for flexibility of use all residential and commercial potential
More information: https://www.colliers.co.nz/p-NZL67038709
