190sqm
floor area
424sqm
land area
Rent review | Returning $62,000 (plus GST) in semi-gross annual holding income to four tenants on short-term leases |
Occupancy | Leased to an established takeaway coffee & ice-cream business, Art gallery, and Mortgage broker |
Land area breakdown | Fee simple landholding measuring 424 square metres (more or less) |
Exposure | Positioned centrally in Waipu, a popular coastal settlement in Whangārei known for its beaches, heritage town centre, and landmark hospitality businesses. |
7 Cove Road, Waipu
•Add-value character investment colloquially known as “The Black Shed”
•Leased to an established takeaway coffee & ice-cream business, Art gallery, and Mortgage broker
•Returning $62,000 (plus GST) in semi-gross annual holding income to four tenants
•Fee simple landholding measuring 424 square metres (more or less)
•Located centrally in Waipu, a popular coastal suburb of Whangārei
7 Cove Road, known colloquially as “The Black Shed”, comprises 190sqm commercial premises and a standalone 20ft converted container, occupied by an established coffee, food and ice-cream tenant.
Underpinned by a 424 square metre (more or less) freehold site zoned Settlement under the Whangārei District Plan encouraging a mix of commercial and residential activities which protect and enhance the character of the area.
Positioned centrally in Waipu, a popular coastal settlement in Whangārei known for its beaches, heritage town centre, and landmark hospitality businesses.
Contact the sole agents now for further information.
Licensed under the REA Act 2008
Mobile: +64 21 022 10339 |
Office: +64 9 470 0960 |
daniel.sloper@bayleys.co.nz |
Licensed under the REA Act 2008
Mobile: +64 21 024 64785 |
Office: +64 9 425 7640 |
henry.napier@bayleys.co.nz |
190sqm
floor area
424sqm
land area
Rent review | Returning $62,000 (plus GST) in semi-gross annual holding income to four tenants on short-term leases |
Occupancy | Leased to an established takeaway coffee & ice-cream business, Art gallery, and Mortgage broker |
Land area breakdown | Fee simple landholding measuring 424 square metres (more or less) |
Exposure | Positioned centrally in Waipu, a popular coastal settlement in Whangārei known for its beaches, heritage town centre, and landmark hospitality businesses. |
7 Cove Road, Waipu
Open in mapLicensed under the REA Act 2008
Mobile: +64 21 022 10339 |
Office: +64 9 470 0960 |
daniel.sloper@bayleys.co.nz |
Licensed under the REA Act 2008
Mobile: +64 21 024 64785 |
Office: +64 9 425 7640 |
henry.napier@bayleys.co.nz |
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