Commercial for Sale at
1191 State Highway 1, Okaihau Rd1, Northland

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Commercial Pot of Gold

We welcome you to capitlise on this very rare investment opportunity with potential that is limited only by your imagination.

This property comprises of 3 components of interest which sits on an immense section size of 10000sqm. The first of which is currently a liquor shop which has been leased out for the next 10 years at $26,000 plus GST anually. The next component was once used as a motel, consisting of 5 spacious double bedrooms, 3 single bedrooms, 2 bathrooms and 2 seperate living areas. This dwelling is currently unoccupied and requires renovations in order to bring it up to modern day standards, however the possibilties are endless as to how you choose to utilise this space - perhaps a home and income? The third and final component contains a flat section of approximately 1200sqm (more or less) of land which has the potential to be developed further (subject to council approval) into another commercial establishment to increase your potential rental return.

There is no doubt that we have a property here that presents boundless opportunities for investors, developers and home owners alike. Give us a call now for more information and for your chance to own this unparralled beauty.

1191 State Highway 1Okaihau Rd1 NTHLND 0475 NZ
-35.319531 173.772076

Property features

Agent Reviews

Jill Main

Excellent people skills, willing to answer all questions no matter how silly they may be. Detailed explanations of the whole process.