Kua Tangohia
•Multi-tenanted investment providing immediate income with a current net rental of $247,680pa + GST
•Development potential with zoning allowing building heights up to 18 metres
•Located in Orewa, a beachside community with steady growth and future potential
This three-level commercial building offers a rare opportunity for investors seeking stable returns and future development possibilities. The property features a mix of retail and office tenancies, including health and beauty, food retail, and clothing, with mezzanine areas for added space and functionality. With a strong tenant mix and a current net rental of $247,680pa + GST and outgoings, the building provides
immediate and attractive returns. The property spans a total floor area of 1,063sqm (more or less), situated in Orewa, a growing beachside community.
This property offers a unique investment opportunity in an area experiencing steady growth and future potential. The zoning allows for development up to 18 metres, making this site ideal for long-term investment strategies. Investors will appreciate the flexibility of this asset, with multiple tenants in place, ample car parking, and the potential for future growth through redevelopment. Act now!
Wāhi Tiriti | Tawhiti | Tau Rūma Moe | Tau Rūma Horoi | Rohe Whare | Wā Hokona | Utu Hokona | Pūtake Raraunga | |
|---|---|---|---|---|---|---|---|---|
 | 0.28 km | 2 | 1 | 79m2 | 2025 02 20 | - | Council approved | |
 | 0.20 km | 4 | 3 | 180m2 | 2025 02 14 | $3,050,000 | Council approved | |
0.29 km | 1 | 1 | 68m2 | 2025 01 24 | $725,000 | Council approved | ||
0.29 km | 3 | 186m2 | 2024 10 24 | $1,600,000 | Council approved | |||
 | 0.08 km | 3 | 1 | 88m2 | 2024 09 23 | $748,000 | Council approved |