13 Buffalo Beach Road, Whitianga, Thames-Coromandel

WATERFRONT OPPORTUNITY IN COROMANDEL

- Waterfront Mercury Bay\n- Recent modern upgrade\n- Easy walk to town centre, marina and wharf\n- Home and income or holding income\n- Potential to subdivide \n\nMarlin Apartments is a five unit complex situated on the ever popular Whitianga waterfront with expansive views of Mercury Bay boasting 809sqm of prime beach front real-estate. Currently operated as a motel style apartment business catering to the busy summer season and tourist winter trade, with high occupancy rates. The complex is run as 5 units with a 2 bedroom owner's apartment at the rear.\n\nThe property is superbly located just a short walk from the CBD of Whitianga, the wharf and marina. It offers the opportunity to subdivide, or run as is with a good holding income. It will not take long to recognise the location has a huge amount to offer future developers, with potential to use the existing building footprint to maximise any redevelopment embracing the prestigious views on offer.\n\nWhitianga is the main service centre for the East Coast to the ever popular Coromandel Peninsular. With extensive investment and development in Whitianga with the waterways and new infrastructure. The region is becoming more popular with its proximity to Auckland and the airport for holiday makers and tourists.