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2753 State Highway 1, Brynderwyn, Kaipara

$995,000 plus gst if any

300m²

1,533m²

OPPORTUNITY KNOCKS!

If you are looking for a lucrative and highly versatile investment opportunity with huge visibility, passed by 99% of all vehicles travelling North/South between Auckland and Whangarei or Dargaville, then look no further! Offering the perfect blend of residential and commercial, ideal for savvy investors seeking stable returns and long-term growth potential.

Property Overview:

Residential Space - A well-appointed home, providing a very comfortable living space for owner occupiers or tenants. Huge kitchen/dining, seperate living room and spacious sunny bedrooms making it an attractive option for those seeking convenience and opportunity.

Commercial Space - Current lease in place until April 2025 returning $57,200 + gst p/a plus 80% of outgoings. Highly versatile space with large commercial kitchen, ideal for a cafe/restaurant, daycare centre, petrol station or anything that requires large volumes of traffic to pass by so pretty much every business! 2 recently refurbished buildings stand alongside offering additional possibilities for expansion to further enhance rental income and property value.

This property will appeal to a wide range of people wanting to step out of the box and maximise its potential. Whether you're a seasoned investor or a first-time buyer, it offers the perfect combination of income stability, growth potential, and diversification.

Note: This property offers 2 components, 1 being residential as per above, the other commercial as listed here: raywhite.co.nz/northland/kaipara/kaiwaka/WAR31093/

Photos show how it was before it was leased within both the residential and commercial spaces. The current lessees will return the building to its original condition once the lease finishes.

Additional details

Type

Home & Income

Property ID

WAR31088

Listed on

10/04/2024

Updated

22/08/2024

Data

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Property data

Broadband available

Floor area

300m²

Land area

1,533m²

Type of title

Freehold

About the area

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Time (yrs)

5 yrs

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Flooring

Total estimated cost is flooring

$17,316.00

This estimate is fully inclusive of carpet, underlay, accessories and installation but excludes travel and floor preparation, if required.

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Kaiwaka, Kaipara

Kaiwaka is a suburb which lies within the Territorial Authority of Kaipara, one of 21 residential suburbs which form the wider region. Kaiwaka is the 5th largest suburb of Kaipara in terms of the total number of residential housing stock. Kaiwaka provides a range of housing stock, with the earliest residential housing recorded in the area constructed between 1880 - 1889. The majority of the residential housing stock in the locality was constructed between 2000 - 2009. Residential housing stock in Kaiwaka is made up of approximately 20% residential housing and 80% lifestyle properties.

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