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Waipu Cove

893 Cove Road, Waipu Cove, Whangarei

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956sqm Land area SQM
375sqm Floor area

Occupy or Invest - Seaside Commercial


• 956sqm Freehold site with commercial and residential zoning
• 375sqm (approx.) floor area across two tenancies
• Commercial tenancies with owner accommodation with holding income
• Significant road frontage onto Cove Road

Currently trading as the Waipu Cove General Store with an expiring lease in 2024, 893 Cove Road presents to the market a unique owner-occupier or investment opportunity as one of two commercial tenancies in the popular Waipu Cove.

With excellent position adjacent to “Camp Waipu Cove”, opposite “The Cove Waipu” and within close proximity to Waipu Cove beach and main carpark the property is strategically appointed to accommodate this bustling catchment. Currently comprising the general store which includes three-bedroom accommodation and a local real estate office there are a wide range of options for prospective purchasers to explore on this site going forward.

The property offers excellent redevelopment potential being one of only two commercially zoned site in Waipu Cove and Langs Beach. In addition, the zoning also allows for residential options with development up to 8m height.



Asking Price NZ$1,700,000 + GST (if any)
Ranjan Unka

Ranjan Unka

Director - Commercial

Commercial North Shore Ltd, Bayleys,
Licensed under the REA Act 2008
Michael Nees

Michael Nees

Commercial, Investment and Development Sales

Commercial North Shore Ltd, Bayleys,
Licensed under the REA Act 2008
Henry Napier

Henry Napier

Commercial, Industrial and Development Sales and Leasing

Mackys Real Estate Ltd, Bayleys,
Licensed under the REA Act 2008

Features

Location


Excellent beach location

Prime frontage


Prime road frontage

Zoning


Mixed Zoning

Opportunity


Potential redevelopment

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