Bayleys Real Estate Ltd
Residential
Commercial
Rural
Property Services
News and EditorialLive Auctions

Coromandel Town

75 Kapanga Road, Coromandel Town, Thames-Coromandel

Watchlist
Share
Sold
Slide 1 of 9
1 OF 9
2180500_1.jpg
2180500_2.jpg
2180500_1.jpg
2180500_2.jpg
2180500_1.jpg
2180500_2.jpg
272sqm Floor area
478sqm Land area SQM

Tender

(unless sold prior)

Exciting retail opportunity


A fully leased commercial investment property including three retail tenancies returning $42,999 pa Net plus GST and forming part of a retail property portfolio being offered for sale by public tender simultaneously in Coromandel town.

The tender process provides for investors to submit a tender for an individual property, or the entire property portfolio in one line. (Full portfolio details refer www.bayleys.co.nz/2180498).

This single level property built in 2002 comprises 3 shops on a freehold title with main street frontage and rear service lane access. The scale of this offering should be of appeal to small to medium scale investors, or residential investors considering a move away from increasingly rigorous legislation affecting the residential investment sector.

The vendors offering also includes fully leased commercial investment properties at 35 Wharf Road and 105 Kapanga Road, Coromandel Town. (Refer
www.bayleys.co.nz/2180499 and www.bayleys.co.nz/2180501)

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 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 investment opportunity or to discuss the wider retail portfolio offering. Individual property information memorandums available upon request.

Features

Location


Prime main street frontage

Opportunity


Retail investment comprising three stores.

Profile


Character frontage