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30, 32

Deadline sale by 15 Sept

Listing Description

Listed: Fri, 7 Aug

Coastal Landholding - Premium Potential in Paihia

30, 32, 34 Selwyn Road, Paihia, Far North, Northland

Details

  •   30m² Floor
AttributeValue
Property use
Retail
Agency reference
PAH30650

Description

Three prime freehold commercial lots positioned on sought-after Selwyn Road in the very heart of downtown Paihia, offering an exceptional opportunity for investors, developers, or land-bankers seeking a premium Bay of Islands holding. Located immediately adjacent to Paihia's main retail and commercial precinct, these strategically positioned sites are perfectly placed for future development and offer outstanding potential for a wide range of residential, tourism, hospitality, or commercial applications, subject to council approval.

Available to purchase together as one significant development opportunity, the combined properties enjoy a central location close to Paihia's vibrant shops, cafe's, restaurants, waterfront attractions, and golden beaches. With thoughtful design and development, the elevated positioning offers the potential to capture some of the area's finest water and coastal views.

Property Highlights:

  • 30 Selwyn Road - Features an approximate 37msq 2; commercial premises set on 829msq2; (more or less) of freehold land. Currently rents for $15,000+GST per annum.
  • 32 Selwyn Road - Comprises 691msq2; (more or less) with an existing approximate 76msq2; structure centrally positioned on the site, offering flexibility for redevelopment. Income from car parking is currently, approximately $3500.00 per year.
  • 34 Selwyn Road - Includes a larger, more modern home with two separate living areas. Up top you get a lovely water and Inner Harbour view, positioned on 760msq2; (more or less) of land. Healthy homes compliant, combined current weekly rental is $825.00 per week.

Together, these three properties present a rare large-scale holding in one of Northland's desirable coastal destinations. Existing resource consent has been granted for a proposed development including tourist cabins and car parking facilities, with documentation available for inspection by interested parties.

Opportunities of this scale and location in central Paihia are increasingly scarce. Secure a premium development site in a thriving tourism and lifestyle destination with significant future upside. This landholding is being sold +GST (If any). It will not be sold prior to the listed Tender date.

Disclaimer: This property is being sold by tender without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes. All prospective buyers shall complete their own due diligence, seek legal and expert advice, and satisfy themselves with respect to information supplied during the marketing of this property, including but not limited to: the floor and land sizes, boundary lines, underground services, along with any scheme plans or consents.





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Agent's details

Leonie Brittain

Enquire about the property

Ray White Paihia (Northland Circle Real Estate Limited), (Licensed: REAA 2008)

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