Listing Description
Secure investment - split-risk opportunity
625 Whangaparaoa Road, Stanmore Bay, Rodney, Auckland
To be sold by deadline sale (by 12 Dec)
Details
Attribute | Value |
---|---|
Property use | Development site |
Agency reference | 1271089 |
Description
- Road front position on the main arterial route into Whangaparaoa
- Flexibility to purchase individually or together
- Established tenants providing reliable split-risk income of $206,812pa + GST and outgoings
A well-positioned split-risk property offering a significant investment opportunity. The asset includes a total floor area of 948sqm (more or less) divided across two titles and four tenancies: Fitter Faster Stronger with 362sqm (more or less), Liquorland with 181sqm (more or less), Golf HQ covering 205sqm (more or less), and Coast Cakes occupying 200sqm (more or less).
The property provides flexibility for prospective buyers, with unit titling underway, allowing the option to purchase individual units or the entire holding. Positioned prominently on Whangaparaoa Road, the property enjoys excellent visibility along a key arterial route.
This asset presents an ideal investment with a diversified income stream. The property’s strategic location ensures stable demand and future potential for long-term value.