Commercial Investment with Upside - Ahipara

On offer - Commercial Investment opportunity, located in the heart of the well known seaside township of Ahipara.
The property is situated on a 1,102 square metre (more or less) land-holding contained on a freehold title, with a 65 sqm (approx.) commercial building currently leased to an established tenant, returning $19,860 per annum including GST.
The opportunity exists to develop the rear portion of the land-holding (subject to Far North District Council approval), while retaining the income from the existing tenant.
Location is key to this property investment - with a road front site, and within the commercial hub, with the local school, cafe, and store just metres away.
The township of Ahipara's proximity to the well-known and pristine Ninety Mile Beach and Shipwreck Bay, one of New Zealand's top left-hand surf breaks, is another advantage to the purchase of this asset.
Call now for more information - sole agent Glenda West 021591231, Ray White Far North Circle Real Estate Ltd (REAA 2008).