Nestled in the heart of Paihia with sea views, this well positioned property offers commercial tenancies on the ground floor and two residential apartments on the first floor. This strategically located property is just a short walk from the Paihia CBD and the stunning waterfront, offering unparalleled convenience and accessibility.
Featuring excellent road frontage and ample customer parking, this property is ideal for a variety of commercial applications, such as a medical practice, professional offices, or a community-based organisation. The commercial space current fitout includes nine clinic/office rooms, providing ample flexibility for any tenant’s business needs. The ground floor commercial part of the building is mostly available as vacant possession, with the exception of Awanui Pathology who are currently on a flexible lease arrangement. The upstairs apartments have residential tenants on a periodic tenancy. This property is perfect for an owner-occupier looking to establish or expand their business in a prime location OR a savvy Investor could tenant the ground floor utilising the three separate entrances for three separate tenants.
Currently zoned as Commercial under the Far North District Council, the property will transition to Mixed Use under the Proposed District Plan, offering even greater flexibility for future development. This Freehold property has a land area of 804m² (approx.) and an impressive total floor area of 440m² (approx.).
The two residential apartments are configured as a large 2-bedroom, 1-bathroom with a laundry. The smaller Studio apartment has an open-plan lounge/ bedroom layout and bathroom.
KEY FEATURES:
• Freehold land area: 804m²
• Total floor area: 440m² (approx.)
• Prime location within walking distance to the Paihia CBD and Waterfront
• Ground floor Commercial, First floor Residential
• Commercial space offers nine clinic/office rooms, reception and amenities
• Excellent road frontage with ample parking
• Commercial part of building vacant possession
• Unutilised land at the rear
Don’t miss this rare opportunity to secure a mixed-use property in one of Northland’s most desirable locations. Whether you’re looking to invest, develop, or occupy, this property offers endless possibilities.
For Sale
$1,450,000 + GST (if any)
For everything commercial and to view, contact Regan.
See this listing on Barfoot & Thompson
