Paihia
24 Kings Road, Paihia, Far North
+9
Multi-option Development Investment Paihia.
This property has a range of opportunity and lots of potential to thrive again. It has 2 / 3 residential accommodation options currently vacant. There is a spacious commercially zoned road facing unit looking for an adventurous new tenant or owner - it could be a great cafe, bar, or retails space or trade outlet.
Lots of scope for a Developers, Builders, or Resident with great DIY skills - can you see potential here?
â¢2 / 3 Accommodation Units with potential Rent Income of $1350 per week / $70200 per annum
â¢Staff Housing Options - up to 12 rooms?
â¢Back Packer Tourism?
â¢2 Separate Buildings.
â¢Re-instate Restaurant Bar or Café - Retail or trade outlet?
â¢Commercial Zoning
Guide Price - $885,000 + GST if any - (NEGOTIABLE)
Download Property Files from www.propertyfiles.co.nz/property/1003849
Gary Lucas
Mackys Real Estate Ltd, Bayleys,
Licensed under the REA Act 2008
Features
Location
Located in a key commercial zone of Paihia, make the most of the flexible options
Prime frontage
Scope to develop and modernise the property. Improve and lease road facing unit
Zoning
Currently zoned commercial, mixed use in the proposed district plan
Multi-use
Not tenanted, multiple uses possible
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