800 Port Road, Whangamatā, Thames-Coromandel

Rock 'n' roll and ride the wave

800 Port Road Whangamata offers a multi tenanted investment located on the roundabout intersecting Port Road and Hetherington Road the most prominent roundabout in Whangamata recognised by travellers and a key position for the 'Repco Beach Hop parade'.
Comprising 7 commercial tenancies circa $125,000 pa +GST/OPEX and 6 residential tenancies returning circa $106,000. The combination of multiple tenancies of a commercial and residential nature gives the astute investor comfort knowing all their eggs are not in one basket providing stable cashflow if tenancies change hands.
Whangamata is recognised as one of New Zealand's premium beach destinations and along with the Beach Hop this gives investors comfort in this multi tenanted property.
Property details:
Land area 550sqm (more or less)
Building 1,012sqm (more or less)
Zoning Commercial (8A)