Invest, Occupy or Reposition
29 Wainui Road, Silverdale comprises a freehold site of 1,093sqm (more or less), improved by a well-maintained 200sqm concrete block building. The property has a long-standing history within the local area, originally constructed by the builder of the Silverdale Bridge to support steel bending operations, adding a layer of provenance rarely seen in comparable assets.
The building is configured for practical commercial use and was reroofed in 2020, providing confidence for ongoing occupation while supporting future repositioning. Currently returning holding income of $75,000 plus GST and outgoings, the property also offers the potential for vacant possession in late 2026, creating flexibility for owner-occupiers, investors and add-value purchasers.
Positioned above Silverdale's retail centre within an established commercial precinct, the site benefits from Business - Town Centre zoning. This supports a broad range of commercial, retail and mixed-use activities, reinforcing the long-term value and versatility of the landholding.
Combining holding income, development potential and a proven location within one of North Auckland's strongest growth areas, this is a compelling opportunity to secure a strategic commercial asset with multiple future pathways.
The building is configured for practical commercial use and was reroofed in 2020, providing confidence for ongoing occupation while supporting future repositioning. Currently returning holding income of $75,000 plus GST and outgoings, the property also offers the potential for vacant possession in late 2026, creating flexibility for owner-occupiers, investors and add-value purchasers.
Positioned above Silverdale's retail centre within an established commercial precinct, the site benefits from Business - Town Centre zoning. This supports a broad range of commercial, retail and mixed-use activities, reinforcing the long-term value and versatility of the landholding.
Combining holding income, development potential and a proven location within one of North Auckland's strongest growth areas, this is a compelling opportunity to secure a strategic commercial asset with multiple future pathways.
Key features
Add value
Well-maintained 200sqm building on a 1,093sqm freehold site with options to occupy, reposition or redevelop.
Location
Positioned above Silverdale’s retail centre within an established commercial precinct in a proven growth location.
Passing income
Returning $75,000 + GST and outgoings while offering the potential for vacant possession from late 2026.
