Property listing ID: 4121599
Enjoy the passive return from this high-profile retail property, perfectly positioned on the sunny side of Gillies Street in the vibrant Kawakawa CBD. Offering exceptional visibility and foot traffic, this is a rare opportunity to secure a multi-tenanted property in Kawakawa, the gateway to the Bay of Islands. This 371m² Freehold property is surrounded by prominent businesses such as Kawakawa Pharmacy and Liquid Laundromat, as well as the iconic Hundertwasser Public Toilets, which is one of the regions distinctive tourist attractions. This premium position on State Highway 1 ensures constant visibility for the property’s tenants. With a total of four tenancies, this property presents the opportunity to diversify your income stream and minimise risk. The tenancies include a great mix of local businesses, including Northland Headstones, Nine Lives Boutique, Joyces Quality Meats and Coin Save. With a rental return of over $50,000 + Outgoings + GST per annum, this property represents a lucrative investment opportunity with a diverse income. With limited commercial opportunities in this prime CBD location, this freehold investment property is an excellent addition to expanding your property portfolio, or your first commercial property. KEY FEATURES: • Multi-tenanted investment opportunity • Freehold land area: 371m² • Total floor area: 316m² (approx.) • Exceptional location within Kawakawa’s vibrant CBD • High profile property with excellent road frontage on Kawakawa’s high street/SH1 For Sale Deadline Private Treaty + GST (if any) (Unless sold prior) 8 October 2026 at 4pm, 33 Kerikeri Road, Kerikeri - Barfoot & Thompson Branch For more information or to view, contact us now!
Listed by Barfoot & Thompson , Regan Polglaze (Kerikeri)