NAI Harcourts is pleased to present a compelling freehold investment opportunity at 7 Tamariki Avenue, Orewa
Positioned in the heart of Orewa, this 1,037 sqm (Approx.) freehold site combines a well-established commercial location with significant future development potential. The property benefits from strong foot traffic, ample on-site parking and proximity to an established business centre, while Orewa Beach is within easy walking distance.
The standalone three level building provides a substantial 869 sqm (Approx.) of building area, complemented by 21 car parks. Currently configured as a multi-tenanted investment, the property provides an established income profile alongside the potential for additional part owner occupation.
Adding further appeal is the approved Resource Consent for a 55-unit development, providing investors with a clear pathway to explore the site's longer-term development potential.
Investment Highlights:
- 1,037 sqm (Approx.) Freehold site
- Total building area 869 sqm (more or less)
- 21 on-site car parks
- Zoned - Business Town Centre (27m height)
- Approved Resource Consent for 55-unit development
- Multi-Tenanted Investment
- Invest or Occupy
- 100% NBS Rating
- Central Orewa location
With a substantial existing building, established tenancies and an approved 55-unit development opportunity, 7 Tamariki Avenue offers a versatile investment proposition with both current income and future potential.
Contact the sole agents at NAI Harcourts today for further information and a copy of the Information Memorandum and arrange a viewing.