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This large building with multiple tenancies is the ultimate in split income investments. Located at the heart of Kaikohe, the Far North Business and Events Centre has a good mix of long term tenants and short term room rental. The thriving town is seeing unprecedented growth with economic and social initiatives driving commercial activity.
5 Marino Court is a two story, block construction building which has been used as offices for a wide variety of businesses. If you are looking for a low risk, high yield investment, this is worth further investigation. The location is across the carpark from New World and a short stroll from Broadway and ample car parking is a feature. Flexibility is the key to the success of this venture and the current owner has enjoyed high utilization of the space by meeting the varied needs of the community.
A licensed onsite café is a key feature enjoyed by all tenants. Events are well attended and the central location is ideal for groups. It is also well utilized as a venue for workshops ranging from health and safety to community consultation.
This would be ideal for an office looking for space to operate with a serious income stream or a hands on investor with an affinity for Kaikohe business.