TENANTED INVESTMENT WITH FUTURE DEVELOPMENT ...

168, Hibiscus Coast Highway, Orewa, Rodney

$825,000

Proposed Usage
Office
Floor Area
90.00 m²
Description:
Property ID
1c6t347

TENANTED INVESTMENT WITH FUTURE DEVELOPMENT POTENTIAL

This high potential property is situated on the northern side on Hibiscus Coast Highway, on the top of the hill overlooking Orewa Estuary, and only a few hundred meters from Orewa Beach. Originally a small residential dwelling this property was consented for office use and is currently tenanted by Denham Bramwell solicitors. The building of approximately 90m2 has been well maintained and is in great condition. This is currently configured as reception, multiple offices and kitchen, staffroom and storage area. At the front of the 822m2 site is a large concrete parking area and well-presented gardens while the rear is currently un-utilised and provides scope for future development. The lease currently provides a net return of $27,000 pa + GST + outgoings.
Contact Sole Agents for viewing

Enquire about this property

Orewa Area