7 Cove Road, Waipu, Whangarei

Add-value character investment

7 Cove Road, Waipu

•Add-value character investment colloquially known as “The Black Shed”
•Leased to an established takeaway coffee & ice-cream business, Art gallery, and Mortgage broker
•Returning $62,000 (plus GST) in semi-gross annual holding income to four tenants
•Fee simple landholding measuring 424 square metres (more or less)
•Located centrally in Waipu, a popular coastal suburb of Whangārei

7 Cove Road, known colloquially as “The Black Shed”, comprises 190sqm commercial premises and a standalone 20ft converted container, occupied by an established coffee, food and ice-cream tenant.

Underpinned by a 424 square metre (more or less) freehold site zoned Settlement under the Whangārei District Plan encouraging a mix of commercial and residential activities which protect and enhance the character of the area.

Positioned centrally in Waipu, a popular coastal settlement in Whangārei known for its beaches, heritage town centre, and landmark hospitality businesses.

Contact the sole agents now for further information.