Stanmore Bay
625 Whangaparaoa Road, Stanmore Bay, Rodney
+26
Secure investment - split-risk opportunity
• Road front position on the main arterial route into Whangaparāoa
• Flexibility to purchase individually or together
• Established tenants providing reliable split-risk income of $206,812pa + GST and outgoings
A well-positioned split-risk property offering a significant investment opportunity. The asset includes a total floor area of 948sqm (more or less) divided across two titles and four tenancies: Fitter Faster Stronger with 362sqm (more or less), Liquorland with 181sqm (more or less), Golf HQ covering 205sqm (more or less), and Coast Cakes occupying 200sqm (more or less).
The property provides flexibility for prospective buyers, with unit titling underway, allowing the option to purchase individual units or the entire holding. Positioned prominently on Whangaparaoa Road, the property enjoys excellent visibility along a key arterial route.
This asset presents an ideal investment with a diversified income stream. The property's strategic location ensures stable demand and future potential for long-term value.
Graeme Perigo
Mackys Real Estate Ltd, Bayleys,
Licensed under the REA Act 2008
Ben Clare
Mackys Real Estate Ltd, Bayleys,
Licensed under the REA Act 2008
Features
Location
Positioned road front on the main arterial route into Whangaparaoa, providing excellent visibility and access
Passing income
Currently generating $206,812pa + GST and outgoings with split-risk across established tenants, offering stable revenue.
Opportunity
Freehold property with unit titling in progress, providing flexibility to purchase one, two, or all three units to suit diverse investment strategies.
Floor area details
Total of 948sqm split across four tenancies: Fitter Faster Stronger (362sqm), Liquorland (181sqm), Golf HQ (205sqm), and Coast Cakes (200sqm).
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