Description
Located in the rural township of Waitakaruru on State Highway 25 sits this well-established multi-purpose property consisting of three titles totalling 2,309m2 (more or less) of investment potential.
The front section of the property is occupied by a long term tenant, an essential animal care service on solid lease - more details about the lease available upon request
The rear of the property has a light industry/manufacturing factory with a modern two bedroom apartment or office built into it. This includes all the features you would expect, from its large open-plan kitchen and living room area to the separate laundry and bathroom. It is insulated, has a heat pump and you have the option of gas or electric water heating to choose from. There is also a back yard/garden area. This would be ideal for an owner occupier that requires ample garaging for cars, boats or caravans or a work from home situation. This building could also be rented/leased out as light industrial or commercial with some engineering and machinery use. A building permit was recently issued by the Hauraki District Council to allow for separation from the vet clinic and rear workshop, to make two stand-a-lone buildings.
Across the North edge of the property is more quality shedding, which could be included for either part of the property or leased out as storage or workshop space.
This property has a large amount of options and opens a world of possibilities, which would be a fantastic opportunity for the savvy investor.