Pokeno lifestyle with commercial upside


14 Great South Road, Pokeno

Asking Price NZD $2,900,000 + GST (if any)

Download Email
Pokeno lifestyle with commercial upside | 14 Great South Road, Pokeno | 1971513 |      X Close
Image
Description

Pokeno lifestyle with commercial upside


Located at the southern end of Pokeno Village with underlying Business Zoning this lifestyle property consisting a four-bedroom Jennian home with two adjoining sheds and three other sheds at the rear of the property complete the improvements onsite.

Three of the sheds are currently leased out to other business operations returning $1,250 per week and the owner currently uses the home, and two adjacent sheds for his own business. Current lease agreements are due for renewal in April 2021 and have right of renewals on a 3x3 basis with final expiries March 2030. Tenants include Carevets, Tui Trailers and NZ Beekeepers.

The home was built in 1999 and is in good condition for its age, with carpets being replaced around one year ago. There is an office and toilet facilities at the back door adjacent to the sheds used for the business. The home has an open plan kitchen, lounge with a north facing deck adjoining the living area.

There is a total of 8,100sqm (mol) of land with a stream running through the bottom of the property on the southern side from west to east. There is an existing use permit to take up to 1,500 litres per day from the stream.

Pokeno is the gateway between Auckland, Hamilton and Tauranga and has seen significant growth through the development of residential and industrial estates by the Dines Group. There is also significant development happening in the main village with the construction of the Countdown supermarket seen as the most significant.

Recent sales in the industrial estate have been around the $250/sqm mark which proves this is good value. Contact us now for further information on this property, see the potential and harness the potential.

14 Great South Road, Pokeno

Open in map