19 Silverdale Street, Silverdale, Rodney

Split risk freehold retail investment

19 Silverdale St provides a sought after investment opportunity comprising two quality retail tenancies on a large 873sqm (more or less) freehold site. The site benefits from a 452sqm (more or less) retail building to the front of the site, with approx. 400sqm of parking to the rear. The building is configured as two tenancies. Shop A is 224sqm (more or less) and is tenanted by Bin Inn on a long term lease. Shop B is 228sqm (more or less) and is tenanted by Flooring Xtra. A great long term investment, this property will benefits from long term redevelopment potential due to its underlying Business Town Centre zoning which provides opportunity for intensive development, either residentially or commercially, and allows for a wide range of activities including retail, office, leisure, tourism, community services, and residential living. The height controls allow for development up to 18m high.

The adjacent sites at 2 Agency Lane, 4 Agency Lane, and 8 Agency Land are also available to purchase.

19 Silverdale St is being sold by way of Tender closing 4pm Wed 6 December 2023, with the ability to tender for individual or multiple sites.