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Ray White Warkworth (The Locals Warkworth Limited), (Licensed: REAA 2008)
Mitch Norris Mitch Norris

2753 State Highway 1, Kaiwaka

Asking price $995,000

Listing Description

Listed: Wed, 10 Apr

OPPORTUNITY KNOCKS!

2753 State Highway 1, Kaiwaka, Kaipara, Northland

Asking price $995,000

Details

  •   2 Beds
  •   1 Bath
  •   300m² Floor
  •   1533m² Land
Other Features
  •   6+ Separate toilets
  •   2 Studies
  •   Home & Income potential
AttributeValue
Property type
House
Capital value (CV)
$700,000
Agency reference
WAR31088
Broadband in the area ADSL, Wireless

Description

If you are looking for a lucrative and highly versatile investment opportunity with huge visibility, passed by 99% of all vehicles travelling North/South between Auckland and Whangarei or Dargaville, then look no further! Offering the perfect blend of residential and commercial, ideal for savvy investors seeking stable returns and long-term growth potential.

Property Overview:

Residential Space - A well-appointed home, providing a very comfortable living space for owner occupiers or tenants. Huge kitchen/dining, seperate living room and spacious sunny bedrooms making it an attractive option for those seeking convenience and opportunity.

Commercial Space - Current lease in place until April 2025 returning $57,200 + gst p/a plus 80% of outgoings. Highly versatile space with large commercial kitchen, ideal for a cafe/restaurant, daycare centre, petrol station or anything that requires large volumes of traffic to pass by so pretty much every business! 2 recently refurbished buildings stand alongside offering additional possibilities for expansion to further enhance rental income and property value.

This property will appeal to a wide range of people wanting to step out of the box and maximise its potential. Whether you're a seasoned investor or a first-time buyer, it offers the perfect combination of income stability, growth potential, and diversification.

Contact us today to schedule a viewing and make this opportunity yours.

Note: This property offers 2 components, 1 being residential as per above, the other commercial as listed here: raywhite.co.nz/northland/kaipara/kaiwaka/WAR31093/

Photos show how it was before it was leased within both the residential and commercial spaces. The current lessees will return the building to its original condition once the lease finishes.


Open home times

No times scheduled

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Agent's details

Mitch Norris

Mitch Norris

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Fiona Rouse

Fiona Rouse

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Ray White Warkworth (The Locals Warkworth Limited), (Licensed: REAA 2008)

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