Nigel Boyd

It is time for the owner to retire this outstanding asset. It is your time to make an opportune investment! The two adjoining properties are in a prominent position with high exposure to all traffic on Whangarei’s central business district southern fringe. The properties are being marketed for sale by negotiation, together or separately.12A Porowini Avenue is the conspicuous corner site, fully refurbished for its star tenant Beds R Us in December 2021 for an eight-year lease with two rights of renewal for five years each. 1 Tarewa Road is the adjoining 663m² property with a three-bedroom house and separate double garage, also refurbished for residential tenants who are keen to remain should the purchaser wish to maintain the status quo. Zoned for Commercial use, the combined sites offer future multi-level development opportunities in a flourishing business district. KEY FEATURES:High profile central corner site locationTotal current net income $118,035 plus GSTSecure commercial lease with solid tenantsModern fitout for tenantsPrime future development opportunity Contact the sole agent for an information pack and to arrange an inspection.

This is a prime site just off Rewa Rewa Road which is an outstanding opportunity to develop corporate or industrial premises in a sought-after location.Have your business located on this site which has easy access to State Highway 1 and the city bypass to Port Road. With 70m of road frontage looking over Dyer Street, this site provides the opportunity for any business to develop a highly visible and impressive presence in the area.There is the potential to develop the lower 2,400m² or expand back into the property with the possibility of connecting with Building 2 to take advantage of the modern 1,000m² warehouse. Alternatively, there is the possibility to develop the whole 1.24ha section (more or less).Contact the listing agent to arrange an inspection or for more information.