35 Wharf Road, Coromandel Town, Thames-Coromandel

Exciting retail opportunity

A fully leased commercial investment property including one retail and one office tenancy returning $55,000pa Net plus GST and forming part of a retail property portfolio being offered for sale by public tender simultaneously in Coromandel town.
The tender process provides for investors to submit a tender for an individual property, or the entire property portfolio in one line. (Full portfolio details www.bayleys.co.nz/2180498)

This single level property built in the 1980's featuring a large retail tenancy leased to Lion Liquor Retail Limited, sits on a high-profile freehold title opposite the Coromandel Town supermarket. This investment opportunity will appeal too small to medium scale investors, or residential investors considering a move away from increasingly rigorous legislation affecting the residential investment sector.

The vendors offering also includes fully leased commercial investment properties at 75 Kapanga Rd and 105 Kapanga Road, Coromandel Town. (Refer www.bayleys.co.nz/2180499 and www.bayleys.co.nz/2180500)

Historic Coromandel town has a unique character, soul and ambience reflecting art and heritage. Located approximately 190km by road and 45Km by ferry from Auckland city on the edge of Coromandel harbour, the town is an exceptionally popular summer holiday destination for New Zealanders and is noted for its artists, crafts, alternative lifestylers, mussel and oyster farming and recreational fishing.

Call Geoff or Noel now to explore this investment opportunity or to discuss the wider retail portfolio offering. Individual property information memorandums available upon request.