105 Kapanga Road, Coromandel Town, Thames-Coromandel

Exciting retail opportunity

A fully leased 'main street' retail investment property including 5 retail tenancies returning $73,399pa net plus GST, positioned in the heart of the Coromandel Township retail precinct.

This single level property built in 1997 comprises 5 shops on 3 separate titles with individual building structures on each of lots 1, 2 and 3. The scale and potential flexibility of this offering should appeal to small to medium scale investors, or residential investors considering a move away from increasingly rigorous legislation affecting the residential investment sector.

Historic Coromandel town has a unique character, soul, and ambience reflecting art and heritage. Located approximately 190km by road and 45km by ferry from Auckland city and positioned on the edge of Coromandel harbour, the town is an exceptionally popular summer holiday destination for New Zealanders and is noted for its artists, crafts, alternative lifestylers, mussel and oyster farming and recreational fishing.

Call Geoff or Noel now to explore this affordable investment opportunity.