Opportunity Knocks in Otaki

235 Main Highway, Otaki

By Negotiation

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Opportunity Knocks in Otaki | 235 Main Highway, Otaki | 3254798 |      X Close

Opportunity Knocks in Otaki

This renowned property on Otaki's SH 1 is currently occupied by tenant Amazon and now available for you to purchase as an astute new property owner.

Area: Freehold land 386sqm

Building: Single level 356sqm

Tenant: Amazon (New Zealand) Pty Ltd (short term lease arrangement with annual rental at $60,000 + GST p/a)

Rateable value: $710,000

Time to take advantage of the opportunity here with the benefit of holding income while plans are sought for longer term redevelopment or re-lease/extend current tenancy.

The current building occupies the majority of the property, with internal layout comprising a large open plan retail format with rear storage and basic amenities.

235 Main Highway boarders a proposed new apartment complex and the Council owned park and gallery. It is positioned on a high-profile position near the northern end of the current SH1.

Within easy walking distance of the Railway Station (200m) and in the heart of the Otaki town centre, this location is set for future growth under the National Policy Statement on Urban Development.

Call Jo now to view and elevate the potential this site offers

235 Main Highway, Otaki

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