Brand New Below-CV Opportunity


2/3 Fairwater Road, The Grange, Warkworth

Asking Price NZD $850,000 + GST (if any)

Download Email
Brand New Below-CV Opportunity | 2/3 Fairwater Road, The Grange, Warkworth | 1201283 |      X Close
Image
Description

Brand New Below-CV Opportunity


• $250,000 discount on CV ($1,100,000)

• History of interest from national-brand food retailers

• Market rental estimated as $50,000 (Plus Outgoings and GST)

The final retail unit in The Grange Warkworth is now available at a highly discounted price for the first time directly from the original developers.

This thriving community-centric retail development has strengthened in the past year with consistently high traffic volumes populating the car parking area.

Measured at 152.8 square metres, Unit 3 is the last remaining fixture within the development with the size and position suitable for a national-brand tenant. Located between Coffee Club, Bottle-O and Virsa Indian Restaurant, this property is the highest profile unit available, directly opposite the entrance to The Grange. The Unit benefits from a rear outdoor deck with expansive Northeast facing views, ideal for hospitality and service uses.

A number of international and national food retailers previously considered this Unit for lease at the early stages of the development. Now two years into its trading history, The Grange has become the focal point of hospitality for the Warkworth area and the main food and gas stop in North Auckland.

Priced at $850,000 (Plus GST, if any) - $250,000 below its stated CV of $1,100,000 - this opportunity is ideal for investors or owner-occupiers. This Unit has the utility for hospitality, retail or service providers seeking State Highway One visibility and convenient access within a brand-new premise.

Steve Orr

Warkworth

Licensed under the REA Act 2008

View profile

2/3 Fairwater Road, The Grange, Warkworth

Open in map

Steve Orr

Warkworth

Licensed under the REA Act 2008

View profile