Listing details

Land with Income and Potential

Listing number:212155

427 Port Road,  Thames-Coromandel

Negotiation

About the property

Land Area:  0.30 ha

An exceptional opportunity presents itself to acquire a substantial land holding with multiple incomes in the popular coastal township of Whangamata – Voted best beach in NZ 2018*.    

The freehold property is situated in a prime gateway position to the towns business district and is home to six tenants who contribute to the annual $226,500 + GST rental.

The property has been owned for a number of years by the current owners and has had almost no vacancy in more than ten years.

For further information or to arrange a viewing contact exclusive marketing agents Alan Pracy or Justin Oliver

Features:


  • Annual Rental $226,500 + GST

Substantial land holding 3023 m²

Onsite car parking

Multi tenanted / split risk

Approx 84m road frontage

Asking price: $3,750,000 + GST (if any)

Agent Details

Alan Pracy
07 839 2538
021 623089
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Justin Oliver
07 839 2538
027 565 4837
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Agency Details

Commercial Property Solutions Ltd (Licensed: REAA 2008) - Colliers International Hamilton
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