202 Kapiti Road, Paraparaumu, Kapiti Coast
By Negotiation
501m2
270m2
+14
+13
When location counts
202 Kapiti Road, Paraparaumu, Kapiti Coast Price by Negotiation •Land 501 m2 •Building 270 m2 (more or less) •Fully tenanted •Sought after offering in affordable price bracket Seldom do commercial buildings of this quality and investment potential become available to purchase in Paraparaumu's commercial district. Currently returning $65,925 + GST p.a. there is ample scope to add value with rent reviews due later this year. Split into 3 tenancies - Kapiti Kitchen and Bathroom, Style Hair Design and Stand for Children - 202 Kapiti Road sits alongside other quality branded businesses including Guthrie Bowron, Lewis's Home fabrics and KIA dealership. The property is not only well presented but very functional for both tenants and their clientele. With an NBS rating of >67%, 6-7 onsite carparks, together with excellent accessibility and low maintenance, this property offers an attractive investment opportunity that must be sold. Entry level as well as seasoned investors will therefore not want to miss out on this bankable asset.
202 Kapiti Road, Paraparaumu, Kapiti Coast
Web ID
KPC177813
Floor area
270m2
Land area
501m2
District rates
$6,474.82 Incl GSTpa
LV
$540,000
RV
$1,010,000
By Negotiation
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Features: • Sought-after CBD location • Smart/modern presentation • Seismic 70% NBS • Occupy or invest Situated proudly in the most popular part of Otaki's well established shopping precinct, the location provides a great opportunity for any professional business or retail shop to thrive. Part of a 9-unit retail complex that was constructed in the 2000's, Unit 3 consists of 85 m2 (more or less) single level floor space and features a bright open entrance with front reception desk (included in the sale), a small recess/storage area and shared kitchen and toilet facilities. The property provides an immediate opening to re-lease or occupy and is a rare opportunity to purchase an affordable freehold investment in a premium location, underpinned by great connectivity to nearby businesses. The property is also available to lease.
By Negotiation
Features: • Sought-after CBD location • Smart/modern presentation • Seismic 70% NBS Situated proudly in the most popular part of Otaki's well established shopping precinct, the location provides a great opportunity for any professional business or retail shop to thrive. Part of a 9-unit retail complex that was constructed in the 2000's, Unit 3 consists of 85 m2 (more or less) single level floor space and features a bright open entrance with front reception desk, a small recess/storage area and shared kitchen and toilet facilities. The property provides a rare opportunity to lease an affordable retail/office space in a premium location, underpinned by great connectivity to nearby businesses. 3/3U Arthur Street is also available for sale.
By Negotiation
Price by Negotiation Features: • Land area 802 m2 • Industrial zoning • Prime corner site • Design plans for 4 workshop/storage units included Strategically located in Otaki's growing industrial precinct and minutes from the new Expressway off ramp, this prime corner site is surrounded by quality industrial premises and offers an owner user or developer great building options. The site comes with concept plans for 4 concrete tilt-slab units and functioning Body Corp and would suit developers/commercial builders who can see the opportunity to add significant value to this site. Call today for further information or viewings.
By Negotiation
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