Prime Kerikeri Property with Restaurant and Residential Units

NZD $1,800,000 (USD $1,042,134) *current conversion
342 Kerikeri Road, Kerikeri, Northland, New Zealand

Property Highlights

  • 2,291m² freehold land
  • 672m² Mediterranean style building
  • Includes 5 residential units
  • Ample front and rear parking
  • Walking distance to Kerikeri CBD
  • Rear undeveloped land area

Overview

Positioned next to the Kerikeri Bakehouse Café, the property comprises 2,291m² of Freehold land, as well as a generous 672m² building housing the well-known Madly Indian restaurant, and five residential units at the rear. Developed in a Mediterranean Style amongst Bamboo and Palm trees within walking distance to the Kerikeri CBD. The property offers ample parking space at the front and rear, ensuring convenience for both patrons and residents alike. The property has an additional, undeveloped land area at the rear of the section. The building has also had a comprehensive building report done in 2018. With a rental return of $146,000 + GST per annum (where applicable), this property represents a lucrative investment opportunity with a diverse income. Don't miss out on this prime property in the heart of Kerikeri. KEY FEATURES: 2,291m² of Freehold land Home to Madly Indian Restaurant 5 Residential units Returning $146,000 + GST per annum (where applicable) Rear area is undeveloped Asking price is plus GST if any
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Property Features

342 Kerikeri Road, Kerikeri, Northland, New Zealand offers the following features:

Bedrooms: 5
Bathrooms: 5 Full
Property Type: Residential
Status: Active
Reference ID: 891370

What's Nearby

Local businesses near 342 Kerikeri Road, Kerikeri, Northland, New Zealand:

School: < 1 mile
Grocery/Shopping Center: < 1 mile
Gym: < 1 mile
Hospital: < 1 mile
Public Transportation: < 1 mile
Police Station: < 1 mile

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