2 Wallis Street, Raglan, Waikato

Once in a lifetime opportunity!

Prime Raglan waterfront property, currently in five tenancies giving safety in numbers here for a commercial development.\n\nThe main tenant is Orca Restaurant and Bar, world famous in Raglan, New Zealand's surfing mecca.\n\nThis prominent waterfront location is situated at the end of Bow Street, Raglan's Main Street, and is a natural focal point at the water edge. The corner site has frontages to both Wallis and Cliff Street and has extensive uninterrupted harbour views both across the harbour and out to the Raglan bar.\n\nWhat was originally the focal point of Raglan's night life 'the Centennial Milk Bar and Caberet' is now the well known main tenant the Orca Restaurant and Bar.\n\nOrca was substantially renovated in 2008 and includes a substantial deck with outdoor dining that overlooks the harbour, as well as bar area and dining with harbour and main street views.\n\nThere are four small character shops with frontage to Wallis street and direct access to the main street, these include a flower shop, a tattooist, a book shop, and a barber. The tattooist includes a small one bedroom upstairs apartment. In front of the complex there are a good number of carparks, and a large overhanging Pohutukawa tree.\n\nThe buildings are of solid construction with the potential for additional apartments to be built on top. The existing owners originally had preliminary plans concepts drawn for a three level development with six ground floor tenancies and six apartments, however priorities have changed.