Positioned just off Broadway, this office block returning net $111,000 p.a. is a home to several extremely valuable community support and professional service tenants, catering to the heart of the Mid North community. The building is at full capacity and many of the tenants are cross-functional meaning this is an ideal community workspace. The bonus here is the complete versatility of layout providing plenty of shared open spaces, suitable for tenants who require both privacy and discretion as well as collaboration areas.
Lease arrangements are mostly new and the building offers high speed internet, a business centre and conference facility which is licensed.
Kaikohe has some exciting infrastructure in development which includes the Ngawha Business Park, indoor sports centre and Ngawha Springs Hot Pools which will only stand to benefit the local economy.
This little earner will provide significantly better returns than the bank.
Inspection times by arrangement only.
Auction: 10:30am Wednesday 14 July 2021 at Harcourts, 74 Kerikeri Road, Kerikeri (unless sold prior) Will be sold plus GST (if any).