Rare opportunity to secure this ground floor commercial property on a Stratum in Freehold title. This well positioned 134m2 unit is tenanted by Caci Clinic, the well known beauty and cosmetic enhancement company, who have been in this location for over 9 years. The property is currently producing a net return of $46,560 pa.
Secure a well located, well established, tenanted commercial property in the heart of Orewa!
Key investment attributes of this property include:
- Ground floor retail unit - Well established tenant on solid lease - High visibility on one of Orewa's main roads - Excellent cashflow - Recently refurbished - Large chattel list
Orewa has a population of around 10,000 residents but operates as the dining and leisure centre for the whole of the 30,000 plus residents on the Hibiscus Coast. After the emergence of Silverdale as the bulk retail hub Orewa has reinvented itself and is booming. The main road and the areas just behind now serve as the hospitality strip and are home to around 50 different cafes,restaurants, bars and pubs. The remainder of the Orewa town centre comprises boutique retail, services and a constantly growing office sector.