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Whitianga

45 Albert Street, Whitianga, Thames-Coromandel

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100sqm Floor area
353sqm Land area SQM

Price On Application

MAIN STREET RETAIL INVESTMENT


THAT CURRY PLACE - THAI & INDIAN CURRY RESTAURANT
These refurbished premises are highly visible and occupying an enviable position located in the commercial centre of the main street of Whitianga with good pedestrian flow.

The restaurant is fully fitted out with a commercial kitchen, cool room, bar with chillers, glass washer, dishwasher, two toilets (one for disabled persons), preparation area, laundry, storage and also enjoys a courtyard setting which provides a partially covered outdoor seating area - ideal for alfresco dining or just having a drink with a few friends.

The current Lease commenced 16 Nov 2015 for a 3 year term and has 3 x 3 years rights of renewal. The current rental is $29,383 + GST. Also, located in the rear yard is a large storage container that could provide further income. The vendor currently uses this for other business activities.

This is a property with great potential. There is an opportunity to capitalise, on the growth that Whitianga is enjoying, in the future. The vendors previously had resource consent to further develop the property into a combination of commercial and residential apartments over three levels. Total land area is 353 sqm zoned Pedestrian Core Zone under the Thames Coromandel District Council Operative District Plan.

If you are seeking a commercial investment property located in a growth area, being one of the best lifestyle coastal areas in New Zealand, then you must check this out. Call Noel Rogers now on Ph 021 904804.

Noel Rogers

Noel Rogers


MH Realty Ltd, Bayleys,
Licensed under the REA Act 2008

Features

Investment


Net lease - tenant pays all OPEX

Location


Central in main street of Whitianga

Resource Consent


Previously consented for further development