Versatile coastal investment - income & lifestyle

Positioned in the heart of Parua Bay, directly across the road from the iconic Parua Bay Tavern, this unique mixed-use property presents an outstanding opportunity to secure a freehold coastal asset with both income and lifestyle appeal.

Set on a 693sqm flat site, the two-storey building offers a 55% residential and 45% commercial configuration, providing flexibility for investors, business owners, or those looking to combine living and income in one prime location.

The entire upper level is dedicated to residential living and features four bedrooms, all enjoying elevated water views across Parua Bay. The apartment is offered with vacant possession, allowing the new owner the freedom to move in, holiday let, or establish a long-term residential tenancy.

On the ground floor, the commercial space is split into two areas. The front portion is currently leased to a popular local gift and clothing boutique, providing immediate holding income, while the rear commercial space is vacant and ready for occupation, offering potential for a second or third tenant, additional business use, or future configuration.

Parking is conveniently located directly in front of the building, with further neighbouring parking available for customers and visitors.

The location is hard to beat. You’re walking distance to the Parua Bay boat ramp, a short drive to Parua Bay village amenities, and positioned on the main route to the stunning Whangarei Heads coastline. All of this is just 17 kilometres from Whangarei CBD.

Mixed-use freehold opportunities in tightly held coastal communities are rarely available. With holding income already in place, residential flexibility, and clear future potential, this property represents a compelling opportunity for both investors and owner-occupiers alike.

A rare chance to secure a versatile coastal property in one of Northland’s most desirable seaside communities.

Offered for sale + GST if any.

Contact the sole agents for viewing:

Daniel Sloper 021 022 10339 daniel.sloper@bayleys.co.nz

Kirsty McCorkindale 021 555 357 Kirsty.mccokindale@bayleys.co.nz