16 Tamariki Avenue, Orewa

A unique opportunity has presented itself after decades to acquire a prime piece of commercial real estate in tightly held beachside suburb of Orewa. Positioned on a strategic corner site with maximum exposure, this property offers strong potential for both investors and owner-occupiers alike. The existing configuration allows for a live/work setup or split-risk dual tenancy, while the new owner could further enhance and add value by maximising the site’s Town Centre zoning. This flexible town centre zoning opens up numerous possibilities for commercial and residential use, as demonstrated by the surrounding developments in the area. With lack of new commercial developments in Orewa this could be a real good buy for the savvy purchaser. The possibilities are endless so make the move to own this versatile property which suits commercial and residential investors seeking real estate in the desirable suburb of Orewa. This property being in a prime spot right in the town centre with the main attraction being so close to the famous Orewa Beach and its boulevard of cafés and eateries. The housing growth is relentless in this suburb and surrounding neighbourhoods of the Hibiscus Coast, including Millwater, Milldale, Ara Hills and other developments in process. The property is almost in the process of becoming freehold, awaiting titles and is located amidst the Nautilus Apartments, Tamariki Plaza, New World, Woolworths plus a wide range of known retail, service and hospitality outlets right in the heart of this popular beach town. Only 30 minutes north of Auckland, Orewa is continuously developing further due to all its amenities and has easy access to motorway and public transport. New Zealand Sotheby’s International Realty are privileged to be appointed as sole agents, so please contact Mustan Bagasra for more information and viewing....