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Real Property Kerikeri Ltd - Licensed REAA 2008
Real Estate Agents
- Listing #:
- RX4510409
- Listed:
- 256 days ago
$2,750,000
PRIME DEVELOPMENT POTENTIAL
19 Homestead Road, Kerikeri, NorthlandCommercial Land
-
- 224m2 Floor Area
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- 3,516m2 Land Area
About this property
A commercially zoned property comprising 3516sqm in the heart of the Kerikeri CBD, you won't find another property with this location or potential.The best description of the property is Options.
A 224sqm building currently occupied by Mancave on a lease expiring in 2030 with the lease having a development out clause of six months. There is also a FNDC approved billboard sign which provides additional income.
The property is also subdividable and when the proposed Kerikeri bypass comes into place then any development will have prime road frontage, and with the redevelopment of the site across the road it will become a focal area in Kerikeri.
The vendor has also commissioned a plan proposal for a four level building development. This would include an underground carpark, a ground floor commercial space of 1254sqm divided into two with each of those spaces able to be sub tenanted. Floors two and three will have 21 apartments ranging from 65sqm to 225sqm and having 1-4 bedrooms.
Vendor is keen to sell. Contact us today for an information pack and a discussion on this future development.
For Sale at $2,750,000 plus GST (if any).
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