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Kerikeri, 1526 Springbank Road

Investor Alert - Redwoods Commercial Centre

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Listing Number: KK26944
About this listing

SOLD - This listing was sold in October 2019.

This multi-tenanted commercial property offers sound passive returns and excellent potential for future development, it is an investors dream! The flat 2.19-hectare property, in a prime position on State Highway 10, offers six strong leases with multiple access points and rental returns are healthy.

The anchor tenant is Redwoods Garden Centre and Café, Kerikeri's most iconic garden centre. There are numerous other buildings on the property, all with secure tenancies in play, so the current investment strategy is sound.

The cherry on the top is the possibility of future development, potentially adding more rental returns to the portfolio? The Redwoods Centre is more than just a destination, it's a venue.

An opportunity such as this doesn't come along often, and our vendors are committed to moving forward. Viewing is recommended.

Price is +GST (if any)
Property Information
  • Approx Floor Area: 1600 sqm
  • Land Size: 2.1942 Ha
  • Property Type: Retail
  • Property Details: Tenanted Investment
  • Tenure: Fee Simple

Contact Details

Harcourts Kerikeri

Bay of Islands Realty Ltd

Licensed REAA 2008

74 Kerikeri Rd
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