Are you a developer, builder or investor looking for an opportunity? If so, this may be the property for you.

There are not many units or blocks of land this close to Paihia with the potential these offer. Currently, all units are tenanted with a healthy weekly rental return. Renovate them or re-develop the site depending on your vision for the property. With rental property as scarce as it is, this is a great opportunity for the investor with some upgrades.

- Land size is 1011sqm (more or less)

- 2 Titles (Cross-lease)

- Prime downtown location

- North facing

- Walk to town

- Good elevation, great views

- Huge potential for further development or re-development

The property has provided a great passive income over the years but the time has come to move on. Motivated vendor. Call me now to discuss options.