701 Port Road, Whangamata, Thames-Coromandel

Whangamata Multi Tenanted Retail Investment

An excellent opportunity to purchase a mixed use premises located within at one of New Zealand hottest holiday spots, Whangamata. A great spread of tenancies, consisting of a cafe, two takeaway food outlets, a travel broker, fashion retailer, hairdresser and accountancy firm. The site, well known to locals and holiday makers alike, is located prominently on a corner of Port Road and Casement Road. Rarely does a property of this profile come to the marker on the CBD's arterial route.\n\n- High profile investment in popular holiday town\n- Great performer in tightly held coastal centre\n- Seven separate tenancies\n- Returning $83,899.76\n- Seldom available for sale in CBD\n\nThe property is well presented providing tidy quality space. There is good on-site tenant parking on a sealed yard. The building has had additional shops added to it over the years. \n\nProperty details\nLand Area: 809m2 more or less\nBuilding area: 396m2 more or less\n\nTenancy details \nThe property is leased to seven separate tenancies with various terms of two to four years on various rights of renewal. The net income is $83,899.76. Full tenancy details are available upon request.\n\nNow to market, after continuous ownership since 1998, it is now time for a lucky investor to take over this cherished investment. Call today for full details. This property is seriously on the market