If you're in the business of mining for commercial property gems, this line-up of premium, village gateway property parcels hasn't even started to sparkle.

The three adjoining lots between Oneroa library and the corner of Waikare Road are on the market together, presenting one of the finest commercial/retail/residential development opportunities the island has seen in years.

Their current dazzling twin sea vistas over Oneroa bay and back over to the mainland don't even begin to describe what might be seen from the grander buildings that could be constructed here.

The properties are in the Commercial 1 (Oneroa Village) zone, whose permitted activities include but are not limited to shops, restaurants/cafes, taverns and office developments.

At present, the iconic prime corner site is home to three commercial tenants including Sol Cafe and Bar.

The section also has a separate entrance with plenty of off-street parking and a single garage with loft space above.

Just next door is a solid, beautifully renovated weatherboard cottage that would work as a permanent home or executive holiday pad.

This spacious dwelling boasts massive decks, matai flooring, an impressive contemporary kitchen, two sizeable double bedrooms, and a bathroom with shower and separate laundry.

The third site, next door to the library, is a tenanted cottage with two bedrooms, a single garage and a studio space whose deck makes the most of the views as far as Little Oneroa beach.

Both cottages have lovely back lawns and an abundance of parking space out front that is yet to be developed.

All three properties have allocations to the exclusive Owhanake wastewater reticulation plant which allows for greater development. The corner site has three allocations in place and the two cottage properties have been recently awarded two allocations each.

The expansion possibilities are endless in this prestigious location at the top of the village.

Information Memorandum available on request.