A rare freehold development site with potential galore and solid holding income. NAI Harcourts exclusively brings 4 Wood Street, Mangawhai, to the market as a standalone freehold asset in the core of the town's fast-expanding commercial and residential precinct. Strategically located and currently leased to two separate occupiers, the property delivers a split risk income stream appealing to both active developers and long-term investors. The combination of its high-profile position and generous site characteristics underpins substantial future development prospects, with scope to drive further value through redevelopment, intensification, or a complete reconfiguration to accommodate commercial, mixed-use, or residential schemes. These outcomes are supported by Mangawhai's robust population growth and sustained demand for quality space. This listing represents a rare opportunity to secure a split-risk asset with compelling long-term growth potential in one of Northland's most energetic and sought-after markets. FEATURES: - 936sqm freehold section - 125sqm of improvements Tenants: To be sold by Deadline Private Treaty closing 4pm, Wednesday 11 February 2026 (unless sold prior) Contact the Agents at NAI Harcourts today for more information or to arrange a viewing.