Orewa - TENANTED INVESTMENT WITH FUTURE DEVELOPMENT PO...

Price $825,000 plus GST (if any)
Location 168 Hibiscus Coast Highway, Orewa
Type Commercial & Industrial Office to Buy
Floors 1
Floor Area 90 m2
Listing No # 82109
Listed 11/09/2019
Views 1

Description

This high potential property is situated on the northern side on Hibiscus Coast Highway, on the top of the hill overlooking Orewa Estuary, and only a few hundred meters from Orewa Beach. Originally a small residential dwelling this property was consented for office use and is currently tenanted by Denham Bramwell solicitors. The building of approximately 90m2 has been well maintained and is in great condition. This is currently configured as reception, multiple offices and kitchen, staffroom and storage area. At the front of the 822m2 site is a large concrete parking area and well-presented gardens while the rear is currently un-utilised and provides scope for future development. The lease currently provides a net return of $27,000 pa + GST + outgoings.

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Contact our agents

Ben Clare

M: 021 473 251

Barfoot & Thompson Ltd (Licensed: REAA 2008) - Whangaparaoa

Shop 2/719 Whangaparaoa Road
WHANGAPARAOA , 0930

Graeme Perigo

P: 09 424 6111
M: 021 676 067

Barfoot & Thompson Ltd (Licensed: REAA 2008) - Whangaparaoa

Shop 2/719 Whangaparaoa Road
WHANGAPARAOA , 0930
RealEstate Agents contact details and original listing on www.realestate.co.nz -