Paeroa
150 Normanby Road, Paeroa, Hauraki
For Sale by Negotiation
Why not buy the whole corner, literally
• Eight titles comprising 2,999sqm (more or less)
• Holding income of circa $75,000pa + GST/OPEX
• Commercial zoned
• High exposure roundabout corner
Eight titles with exposure to traffic from North, South, East, and West this one puts Paeroa on the map. Opposite the popular "L&P" bottle statue this is the go-to site for travellers from far and wide.
On opposing, corners are Gull service station and McDonald's which have both recognised the high profile and busy intersection where State Highway 2 crosses State Highway 26. The high traffic flow through this intersection of 10,407 movements in both directions offers endless exposure and profile. Options for this site could be a service centre hub with a petrol station, food, and amenities for travellers, a combined commercial and residential development, or simply a landbank for the future while maintaining a holding income of circa $75,000pa + GST/OPEX.
This is a unique opportunity to acquire a significant holding of land on a prime corner location. Paeroa is experiencing excellent exposure at present with the high traffic flows and plenty of residential development underway.
Josh Smith
Success Realty Ltd, Bayleys,
Licensed under the REA Act 2008
Features
Location
on high exposure roundabout corner
Opportunity
a significant land holding comprising of eight (8) titles on 2,999sqm (more or less)
Zoning
commercial zoned
Available
with a holding income of circa $75,000pa + GST/OPEX
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