Located at the northern end of the Kerikeri CBD, this high visibility Freehold property occupies a prominent position on Kerikeri Road, directly adjacent to the roundabout entrance to the New World Supermarket. Benefitting from exceptional exposure to both vehicle and pedestrian traffic, this is a rare opportunity to secure a strategic property in one of Northland’s fastest growing commercial centres. Zoned Commercial under the Far North District Council, and Mixed Use under the Proposed District Plan, the property is well positioned to benefit from Council’s vision for further intensification within the Kerikeri CBD. Should you choose to operate the property with a Commercial use there is potential to claim the GST portion of the purchase price back.
The 777m² Freehold property comprises a tenanted 3-Bedroom, 1-Bathroom house generating reliable rental income, complemented by additional revenue from the on-site signage advertising. The combination of diversified income streams and a prime location makes this property an attractive property for investors and developers alike.
Adding further appeal, the rear portion of the property remains largely unutilised, presenting potential for future development or subdivision.
KEY FEATURES:
• Strategic location at the northern end of the Kerikeri CBD
• High visibility property with excellent road frontage and exposure to traffic
• Freehold land area: 777m²
• Zoned Commercial
• 3-Bedroom, 1-Bathroom dwelling
• Diversified income stream from rental income and on-site advertising
• Undeveloped land at the rear offering future development potential
• Town services availability
For Sale
$880,000 + GST (if any)
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