893, 895 - 897 Cove Road Redevelopment potential

Available PropertyFiles:

  • /A. CT and Easements/
    • Cove Road 893_Title_NA108C_359.pdf
    • Cove Road 895-897_Title_NA108C360.pdf
  • /B. Information Memorandum/
    • Cove Road 893_ Information Memorandum - February 2024.pdf
  • /C. Lease, Building and Valuation/
    • Agreement to Lease - Coast and Country Sales Ltd.pdf
    • Deed of Assignment of Lease - Fulin Ltd.pdf
    • Deed of Assignment of Lease - G & K Retail Ltd.pdf
    • Deed of Assignment of Lease - HQF Ltd.pdf
    • Deed of Assignment of Lease - Leradiance Ltd.pdf
    • Deed of Assignment of Lease - Nasovi Ltd.pdf
    • Deed of Lease - Waipu Cove General Store.pdf
    • Deed of Lease Renewal - Fulin Ltd.pdf
    • Heads of Agreement - Coast and Country Sales Ltd.pdf
    • Planning Report - Nov 2023.pdf
    • Variation of Agreement to Lease - Coast and Country Sales Ltd.pdf
  • /D. LIM Report_893 Cove/
    • Cove Road 893_ LIM Report.pdf
  • /D. LIM Report_895-897 Cove /
    • Cove Road 895-897_LIM Report.pdf
  • /E. Sale and Purchase Agreement 893 /
    • 1828386 - Sale and purchase agreement & schedule & Option to purchase - 893 Cove Rd (2).pdf
  • /E. Sale and Purchase Agreement 895-897/
    • 1828385 - Sale and purchase agreement & schedule & Option to purchase - 895-897 Cove Rd (1).pdf

Property Description

Located on the doorstep of Waipu Cove Beach and Camp Waipu Cove 893-897 Cove Road presents a myriad of redevelopment and investment options in a unique seaside location.

Situated across two titles the properties currently comprise Waipu Cove General Store a bustling convenience store that holds a monopoly over the surrounding catchment, a real estate agency and several accommodation rentals providing excellent holding income with no restrictive lease tails.

The property offers excellent redevelopment potential being the only commercially zoned site in Waipu Cove and Langs Beach. In addition the zoning also allows for residential options with development upto 8m height providing viewshafts from upper floors over this spectacular coastline.

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Terms of Supply

The following information has been supplied to Bayleys Real Estate Limited (“Bayleys”) to be made available to any prospective interested parties for general information purposes only.
Bayleys and the Vendor do not warrant the accuracy or completeness of the information and recommends that all recipients make their own enquiries to their satisfaction in all respects and seek their own independent expert advice.

Contact Michael Nees

Bayleys Real Estate Limited

Licenced under the REAA 2008

+64 9 489 0963   +64 21 182 3085   michael.nees@bayleys.co.nz   All Listings

Michael is a Senior Broker at Bayleys Commercial on the North Shore. Specialising in Investment Sales, Michael has concluded in excess of $200 million of transactions of this nature and has been a top 5 Broker at Bayleys North Shore for the last 3 years.

Recognised as one of the leading Investment Sales Brokers across all agencies on the North Shore, Michael has amassed numerous accolades in his career including membership to a distinguished national group of brokers under the age of 35 to achieve specific key performance indicators.

This blend of experience and results combined with a youthful passion and enthusiasm for his work has produced an impressive track record of record prices/yields and a reputation for being able to conclude some of the most challenging transactions in the market in recent memory.

Michaels philosophy is simple, to add value to his clients transactions by any ethical means necessary. Armed with a Degree in Property Valuation and Management and a determined and tenacious nature this often involves going beyond the “extra mile” to achieve the best outcome for his valued clients.

Michael has a proud North Shore heritage being a Rangitoto College and Massey University alumni and is passionate about the future of the region.