10 Main Road, Katikati, Western Bay Of Plenty

A seismic opportunity!

- 244.6sqm two-level building / E-Grade seismic
- 309sqm site in heart of Katikati CBD
- Vacant possession / immediate opportunity
- Suit add value investors / owner occupiers

This property comprises a two level premises with retail on street level and basement storage below. The site is positioned on the western side of Main Road at the sought after northern entrance to the Katikati township.

The building is presented in an average condition with general repairs and maintenance required including the roof being probably due for replacement. A 2015 seismic assessment resulted in a 15% NBS / E Grade rating so is therefore an earthquake prone building.

The premises has excellent profile to Main Road/SH2 and high exposure to daily traffic volumes passing through the town centre. National traders nearby include Paper Plus, Unichem Pharmacy, ANZ Bank, Four Square, Liquorland, Westpac Bank, and BP2GO.

The property is to be sold in an 'as is where is' condition with vacant possession and provides an affordable entry level opportunity for an add value investor or an owner occupier to secure a prime main road site in the tightly held mural town of Katikati.