Unit 3 21 Ihakara Street, Paraparaumu, Kapiti Coast, Wellington

Colliers are excited to present a stand-out investment opportunity that has arisen here on Ihakara Street – one of Paraparaumu’s busiest and tightly-held commercial through-roads!   This well-presented 214sqm (approx.) unit-titled property delivers exceptional versatility, comprising three fully self-contained tenancy areas neatly packaged into one smart, easy-to-manage asset. Configured across a mix of lease terms, the property offers flexibility for the incoming owner. Occupy part while enjoying holding income from established tenants/retain the current structure as a split-risk investment.   The high-stud warehouse with office and amenities will be available for occupation from June, while the remaining two tenancies comprise modern, well-appointed office spaces, each supported by dedicated onsite parking.   Located within a very popular mixed-use zone and positioned on the fringe of the Coastlands Shopping Precinct, this is a location that continues to perform - appealing to a wide range of commercial business users and underpinning long-term value.   A rare three-in-one opportunity offering flexibility, income, and future upside — ideal for both seasoned investors and first-time commercial buyers looking to secure a proven Paraparaumu asset.   Act now – this will get snapped up!   For more information or to arrange a viewing contact:

Dean Anderson on 021 244 2931 dean.anderson@colliers.com or

Jo Stewart on 027 641 1680 jo.stewart@colliers.com   Please note all areas and values are approximate only.

Features:

• Unit 3 - 214sqm over 2 levels
• Investment and/or part occupy
• Spread of 3 tenancy areas - all self contained
• Vacant warehouse space available - June 2026
• Prime, high-demand location

More information: https://www.colliers.co.nz/p-NZL67039573