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342 Kerikeri Road, Kerikeri, Far North, Northland, 5 Bedrooms, 5 Bathrooms, House

$1,800,000

342 Kerikeri Road, Kerikeri, Far North, Northland

5
5
2291m2
HouseListed on Thu May 2
Price drop

Kerikeri 5 Bedroom GROSS RETURN: $143,600 pa

Positioned next to the Kerikeri Bakehouse Café, the property comprises 2,291m² of Freehold land, as well as a generous 672m² building housing the well-known Madly Indian restaurant, and five residential units at the rear.

Developed in a Mediterranean Style amongst Bamboo and Palm trees within walking distance to the Kerikeri CBD. The property offers ample parking space at the front and rear, ensuring convenience for both patrons and residents alike. The property has an additional, undeveloped land area at the rear of the section. The building has also had a comprehensive building report done in 2018.

With a rental return of $143,600 + GST per annum (where applicable), this property represents a lucrative investment opportunity with a diverse income.

Don't miss out on this prime property in the heart of Kerikeri.

KEY FEATURES:

• 2,291m² of Freehold land

• Home to Madly Indian Restaurant

• 5 Residential units

• Returning $143,600 + GST per annum (where applicable)

• Rear area is undeveloped

Asking price is plus GST if any

See this listing on Barfoot & Thompson

Location

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Council Data

View typeNo appreciable view
ContourLevel
Land area2291m²
Floor area438m²
TitleNA135D/595
Type of titleFreehold
Legal descriptionLOT 2 DP 208928
CouncilFar North
Estate descriptionFSIM,1/1,LOT 2 DEPOSITED PLAN 208928,2291m2
ConstructionExternal Walls: Mixed Materials
Roof: Tiles
ConditionExternal Walls: Good
Roof: Good

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Kerikeri High School
1.23 km
Secondary
7-15
Government
Co-Educational
EQI: 457
6
Kerikeri Primary School
1.32 km
Primary
1-6
Government
Co-Educational
EQI: 456
5

Property history

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Kerikeri Road Neighborhood and Surrounding Data

Mortgage

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Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
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-m2
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-m2
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2
-m2
Year 2024 Month 11 Day 01
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14B Cannon Drive, Kerikeri
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2
-m2
Year 2024 Month 10 Day 22
$665,000
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34 Charlotte Kemp Drive, Kerikeri
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2
-m2
Year 2024 Month 10 Day 14
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Ref:891370Last update:2025-01-15 03:38:39