Listing #:1990458422

Investor Alert - Redwoods Commercial Centre

Location: 1526 Springbank Road, Kerikeri, Far North, Northland
Property use: Retail
Floor area: 1,600m2
Land area: 21942m2
Price: Price by negotiatio­n
This multi-tenanted commercial property offers sound passive returns and excellent potential for future development, it is an investors dream! The flat 2.19-hectare property, in a prime position on State Highway 10, offers six strong leases with multiple access points and rental returns are healthy.

The anchor tenant is Redwoods Garden Centre and Café, Kerikeri's most iconic garden centre. There are numerous other buildings on the property, all with secure tenancies in play, so the current investment strategy is sound.

The cherry on the top is the possibility of future development, potentially adding more rental returns to the portfolio? The Redwoods Centre is more than just a destination, it's a venue.

An opportunity such as this doesn't come along often, and our vendors are committed to moving forward. Viewing is recommended.

Price is +GST (if any)

Agency reference #: KK26944
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Price by negotiation
1526 Springbank Road, Kerikeri, Far North, Northland
Price by negotiation
Listed: Mon 18 Mar, 8:51 am
Alan O'Brien
Harcourts Kerikeri, (Licensed: REAA 2008)
  • Contact details
  •  (09) 2835902
  •  (027) 2903933

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Agent's details

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Alan O'Brien
James Vincent
Harcourts Kerikeri, (Licensed: REAA 2008)
(09) 4076677
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