21 Captain Cook Road, Cooks Beach, Thames-Coromandel

Takeaway this investment

•Multi tenanted investment- commercial and residential components
•Returning circa $55,000 net pa + GST/OPEX
•Coromandel Peninsula booming post covid
On 3rd November 1769 the Endeavor sailed into Mercury Bay whereby Captain Cook discovered and named what we know today to be Cooks Beach. Now on the 10th of August 2021 you could become the owner of 21 Captain Cook Road approximately 350 years after its name sake arrived.
This split risk investment of "Cooks Beach Liquor Store" and "The frying Scotsman" occupying the ground floor are popular with the ever-growing local residents and frequent holiday makers. The first floor is on a residential tenancy, this could be continued with or vacated to utilise the apartment for personal permanent or holiday use.
A popular go to for holiday makers and even more so now with border closures, Coromandel Peninsula is one of the few regions thriving post coivd. One only has to visit the area to see why it remains as a favored "paradise playground".
Floor area 320sqm (more or less)
Land area 546sqm (more or less)