Stanmore Bay
E/1 Wade River Road, Stanmore Bay, Rodney
For Sale by Negotiation
FREEHOLD PROPERTY, TOWN CENTRE ZONING
CV (2014) : $770,000
* Strategic Town Centre Location, right next to the Mall
* Good sized building with split risk possibilities
* Standalone freehold site and scope to develop further
* Double exposure from pedestrian and vehicle traffic
* Zoning allows potential for commercial/residential above
* Scope to develop further with huge growth projected around
* Opportunistic buy for owner-occupiers and discerning investors
On offer is a property small in size but huge in potential in a rarely available location right next to the Whangaparaoa Mall more popularly called THE PLAZA. With exposure to both sides of the busy mall traffic and adjacent to Farmers department store this would suit a wide range of buyers.
High intensity housing around the town centre includes the recently built The Links apartment complex and new housing project in progress just around the corner. All these developments makes this an enviable property with an add value aspect to capitalise on the high growth expected in the area. This in turn will enhance the earning capacity of the property.
This property is located only approx. 40 minutes North of Auckland on the Whangaparaoa Peninsula within the Town Centre precinct. Other reputed retailers nearby include Countdown, The Warehouse, Hoyts Cinemas, McDonalds, Public Library and other service providers.
With public transport at the complex and Whangaparaoa College/ schools nearby, this property can be an attractive education premises or suit professionals and service providers.
One of the advantages of being freehold is the low outgoings which make an attractive proposition for tenants and owners. Call now for a viewing appointment and more details.
Land area: 431 sqm ( more or less )
Building area: 240 sqm ( more or less )
Parking : 5 dedicated car parks
Click here to view Mustan Bagasra's personal website
