â¢Freehold character investment returning $46,885 net p.a.
â¢Positioned on a strategic corner site with frontages onto Queen Street, Warkworth's main retail street, and Wharf Street
â¢Leased to the award-winning Warkworth Butchery
â¢Freehold title measuring 253sqm (more or less)
â¢Underpinned by Business Town Centre Zoning
10 Queen Street is a rare opportunity to secure a piece of Warkworth's history, first established in 1922 as the iconic Stubbs Family Butcher.
Occupied by Warkworth Butchery since 2014, a multiple-award winning business who have benefitted from the property's iconic status and design in a prime, strategic location.
The property is returning $46,885 net p.a. with favourable biennial market rent reviews. Underpinned by Business Town Centre zoning, this 253sqm (more or less) freehold land & buildings is the ideal investment opportunity.
Positioned on a corner site with dual road frontages onto Queen Street and Wharf Street attracting high volume foot-traffic and visibility to passing vehicle traffic. The property is located in Warkworth, a fast growing suburb of North Auckland where the population is estimated to increase by more than 15,000 within the next ten years - largely driven by substantial residential development and the faster connection to Auckland through the Puhoi to Warkworth motorway extension.
10 Queen Street is a resilient long-term investment opportunity in a tightly held commercial market.
Visit www.propertyfiles.co.nz/1270893 for further property information
Our agents are experts on all things in the property market, if you haven't found what you're looking for, please enquire with the listing agent now to have all of your property questions answered.
Contact us and have your questions answered.