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Whangamata

800 Port Road, Whangamata, Thames-Coromandel

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550sqm Floor area
1,012sqm Land area SQM

For Sale by Negotiation

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)

Josh Smith

Josh Smith


Success Realty Ltd, Bayleys,
Licensed under the REA Act 2008
Daniel Keane

Daniel Keane


Success Realty Ltd, Bayleys,
Licensed under the REA Act 2008
Belinda Sammons

Belinda Sammons


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

Features

Coromandel


holiday hotspot

Multiple


tenanted investment

Split


risk between residential and commercial

World


famous "Beach Hop"