• 956sqm Freehold site with commercial and residential zoning
• 375sqm (approx.) floor area across two tenancies
• Commercial tenancies with owner accommodation with holding income
• Significant road frontage onto Cove Road
Currently trading as the Waipu Cove General Store with an expiring lease in 2024, 893 Cove Road presents to the market a unique owner-occupier or investment opportunity as one of two commercial tenancies in the popular Waipu Cove.
With excellent position adjacent to “Camp Waipu Cove”, opposite “The Cove Waipu” and within close proximity to Waipu Cove beach and main carpark the property is strategically appointed to accommodate this bustling catchment. Currently comprising the general store which includes three-bedroom accommodation and a local real estate office there are a wide range of options for prospective purchasers to explore on this site going forward.
The property offers excellent redevelopment potential being one of only two commercially zoned site in Waipu Cove and Langs Beach. In addition, the zoning also allows for residential options with development up to 8m height.