654 State Highway 25, Waitakaruru, Hauraki

Rough now, reward later

•Value‑add or redevelopment potential
•Auction sale by liquidators
•Three-month-to-month tenants offer holding income
•Prime SH25 exposure to Coromandel holiday traffic
A genuine value add opportunity awaits at this landmark former dairy factory site on the high profile State Highway 25 route. Well, known locally and strategically positioned at the gateway to the Coromandel Peninsula, this property has stood the test of time and is now ready for a new chapter. While the buildings are aged and in need of rejuvenation, the scale, exposure, and underlying potential will immediately appeal to bargain hunters, hands on add value buyers, and forward thinking developers.
Three tenants on flexible month to month arrangements provide holding income with scope to renegotiate leases, increase returns, or clear the way for a full redevelopment. With constant traffic from weekenders, holidaymakers, and trades heading to the Coromandel, this is an ideal site for a service station, workshop hub, café, or modern service centre.
Offered for sale by the liquidators and set to be sold at auction, this is a rare chance to secure a high profile commercial footprint with serious future upside.