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3 Main Road, Katikati, Western Bay of Plenty, Bay of Plenty, 0 Bedrooms, 0 Bathrooms, Industrial Buildings

$895,000

3 Main Road, Katikati, Western Bay of Plenty, Bay of Plenty

263m2
1095m2
Industrial BuildingsListed on Tue Aug 1
$5,317/Monthly repayments
Based on estimate value
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Katikati Affordable light industrial investment

• Sought after Main Road location

• Vacant possession/multiple options

• Strong rural/horticulture service centre

This 1980's light industrial building comprises a front showroom/office area together with a high stud workshop which includes a low stud area that has a one bedroom residential flat positioned above. A small storage shed adjoins the rear of the building that forms part of the flat tenancy.

Situated on a sizeable 1,095sqm (more or less) commercially zoned site, the premises is located to the southern side with the frontage having strong profile onto Main Road which is the major thoroughfare through the town. The balance of the site provides a large metalled yard area for parking and vehicle storage.

Owner occupied by the vendor who trades as Auto Electrical Services Katikati, there is also an option here to purchase the business as well as the land and buildings if required.

This presents a great opportunity for owner occupiers or add value investors to secure an affordable investment asset with dual live and work options or alternatively future redevelopment potential.

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Ref:2503312Last update:2024-03-25 15:20:51