10 Queen Street, Warkworth, Rodney

Iconic central Warkworth investment

•Freehold character investment returning $46,885 net p.a.
•Positioned on a strategic corner site with frontages onto Queen Street, Warkworth's main retail street, and Wharf Street
•Leased to the award-winning Warkworth Butchery
•Freehold title measuring 253sqm (more or less)
•Underpinned by Business Town Centre Zoning

10 Queen Street is a rare opportunity to secure a piece of Warkworth's history, first established in 1922 as the iconic Stubbs Family Butcher.

Occupied by Warkworth Butchery since 2014, a multiple-award winning business who have benefitted from the property's iconic status and design in a prime, strategic location.

The property is returning $46,885 net p.a. with favourable biennial market rent reviews. Underpinned by Business Town Centre zoning, this 253sqm (more or less) freehold land & buildings is the ideal investment opportunity.

Positioned on a corner site with dual road frontages onto Queen Street and Wharf Street attracting high volume foot-traffic and visibility to passing vehicle traffic. The property is located in Warkworth, a fast growing suburb of North Auckland where the population is estimated to increase by more than 15,000 within the next ten years - largely driven by substantial residential development and the faster connection to Auckland through the Puhoi to Warkworth motorway extension.

10 Queen Street is a resilient long-term investment opportunity in a tightly held commercial market.

Visit www.propertyfiles.co.nz/1270893 for further property information