Here is a fantastic opportunity for those wanting a great entry level commercial investment. The retail area, having recently undergone enhancement is currently leased to a well-known and established tenant with a strong lease in place. The property benefits from a rear loading entrance accessible off Elliott Street and Moody Place.
Located above the retail premises with a separate rear entry, is a furnished modernised studio apartment, separate bathroom/laundry with open plan kitchen and living areas, boasting double glazed joinery. Currently vacant it is versatile and can be easily adapted for a wide variety of purposes that could certainly suit a small business.
There is plenty of potential here to reap the rewards. Get in now and take advantage of the new development occurring in the area including the recently announced harbour redevelopment as Opotiki continues to regenerate.
Features include:
-Land and Building to be sold inclusive of GST (if any)
-Recently refurbished bright and airy retail shop and studio apartment
-Main Street commercial premises, fantastic position on busy Church Street
-Freehold Commercial/Residential Building
This property will appeal to a range of investors, seeking a strategic property investment. Contact us in the first instance to receive a full information pack on this outstanding entry level investment.
Location
116A Church Street, Opotiki is located on the main street of Opotiki Central Business District.
The Eastern Bay of Plenty regions popularity is attributed to lifestyle factors such as superb climate and some of the highest sunshine hours in New Zealand whilst Opotiki is a thriving popular holiday and tourist destination over the summer season.