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On offer is a high-profile freehold site in the heart of Orewa Town Centre that has a load of potential for both owner/occupiers, long-term investors, and developers. Located on the main street with good street frontage, this flat rectangular site consists of yard space, multiple offices, and warehouse/workshop at the rear.
Lack of new commercial developments in the area create a big opportunity for discerning buyers to secure their own prime piece of freehold property with inherent value in the desired suburb of Orewa.
You may choose to conduct your own business from here or lease to short term tenants whilst you plan the development that is permitted under a Business Mixed Use Zoning. Alternatively, you could enhance the property to suit long term businesses such as childcare or healthcare with a government tenancy in place. Or vehicle dealership or similar type of business would require office and yard space and would be well served here.
Only 30 minutes north of Auckland, Orewa is a beach town that has been developing fast and further growth is predicted due to its great environment and amenities. Orewa has also benefited hugely from the massive development in surrounding areas of Red Beach, Millwater and Silverdale. Well located with all amenities close by including public transport and easy access to the motorway.
With the location, size, zoning and versatility of this property the possibilities are endless so make sure you take notice and engage in the sales process.
Telos Group Commercial are pleased to be appointed as agents so contact Mustan for viewing and more information.
For Sale: By Negotiation
Land Area: 809 m2
Floor Area: 209 m2
Year | Median price | Growth | Sales count |
|---|---|---|---|
2023 | $975,000 | -30.6% | 6 |
2022 | $1,405,000 | 28.9% | 4 |
2021 | $1,090,000 | 28.5% | 8 |
2020 | $848,488 | -2.2% | 10 |
2019 | $867,500 | 18.8% | 6 |
2018 | $730,000 | -16.1% | 13 |
2017 | $870,000 | 16.5% | 11 |
2016 | $747,000 | 1.1% | 7 |
2015 | $739,000 | 25.8% | 9 |
2014 | $587,500 | - | 10 |
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.22 km | 3 | 2 | 140m2 | 2024年03月27日 | $1,207,000 | Council approved | |
 | 0.22 km | 3 | 1 | 120m2 | 2024年03月15日 | $840,000 | Council approved | |
 | 0.28 km | 3 | 2 | 104m2 | 2024年01月26日 | $1,083,000 | Council approved | |
 | 0.21 km | 3 | 2 | -m2 | 2023年12月05日 | $1,300,000 | Council approved | |
 | 0.19 km | 3 | 2 | 156m2 | 2023年11月29日 | $1,130,000 | Council approved |