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Paeroa

150 Normanby Road, Paeroa, Hauraki

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903sqm Floor area
2,999sqm Land area SQM

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

Josh Smith

Commercial and Industrial Sales and Leasing

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

Have your questions answered

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.

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