Low input commercial/residential investment with two channel rental yield.
Positioned on the corner of Kerikeri Road and the bustling New World supermarket entrance, this well maintained 1970's dwelling offers unparalleled visibility and accessibility perfect for establishing your business or maximising returns through further development.
Offering 3 bedrooms, main bathroom and a very spacious lounge/dining/kitchen area.
The generous back section may provide an opportunity to increase rental income or to create a bespoke commercial space tailored to your needs.
Under the proposed district plan, this property falls within the new mixed use zone, enabling multi level commercial and residential developments. This zoning upgrade significantly enhances the site's potential (currently commercial), whether for office space or for retail establishments.
Surrounded by CBD businesses and convenient parking options, the location is ideally suited for those seeking a high profile position with excellent access for clients and staff alike.
The sellers are motivated and ready for a new direction. The current tenants wish to remain if possible.
Contact us today to learn more and secure your place in Kerikeri's growing commercial hub.