11 Waimangaro Road, Opua Diverse solid investment - Bay of Islands

Available PropertyFiles:

  • DOL_Dixons Courage Ltd_Roadrunner Hospo Ltd_September 2021.zip
  • Record of Titles.zip
  • Waimangaro Road 11_Asbestos Report.pdf
  • Waimangaro Road 11_ISA Report.pdf
  • Waimangaro Road 11_Information Memorandum_15.04.2024.zip
  • Waimangaro Road 11_LIM Report_18.03.2024.pdf

Property Description

Located at 11 Waimangaro Road in Opua, within the Bay of Islands, this property spans two freehold titles, totalling 4,337sqm (more or less) of land. It features a spacious two-storey building covering 660sqm (approximately), encompassing a tavern, a bottle store, a two-bedroom apartment, and on-site accommodation for the manager.

The current tenant has just commenced a fresh 10-year lease, with the option for four additional five-year renewals, ensuring long-term stability for the new owner. Current income of $88,367.09pa + GST and outgoings.

Key features:
• Floor area: 660sqm (approximately)
• Land area: 4,337sqm (more or less)
• Road frontage to State Highway 11: 123m (more or less)
• Commercial Zone under the Far North District Plan
• Ample car parking

With ample room for development or repositioning due to the property's low site coverage, it offers added appeal for prospective buyers.

This property presents the potential for future development or repositioning, making it an enticing prospect for savvy investors. Explore the charm of Opua, known as the 'Gateway to the Bay of Islands', with its scenic beauty and sailing opportunities.

For more information, please do not hesitate to contact the SOLE AGENTS

Please fill in the form below and we'll email you a link to download the PropertyFiles, instantly.


Contact Tony Chaudhary

Bayleys Real Estate Limited, Manukau

Licensed under the REA Act 2008

021995121   tony.chaudhary@bayleys.co.nz   All Listings

Tony Chaudhary’s proven strategies for attaining outstanding results for his commercial property clients have seen him rise through the ranks of Bayleys since joining the group 15 years ago. Tony has ranked amongst the company’s Top 5% of agents nationwide every year since joining Bayleys and he was awarded the esteemed title of No 1 Commercial Agent, New Zealand in 2020/2021.

Specialising in the South/East Auckland commercial property sales market, Tony’s expertise is also regularly called upon by his clients throughout the Auckland market as they recognise the value he can add to the real estate table.

Regularly dealing with individual property owners, corporate clients, high-profile national retail groups, and key international property clients, Tony’s business has grown exponentially on the back of repeat and referral business, record sales prices, a changing market, and clever solutions to his clients’ property challenges.

It is no surprise due to the continuing growth of the business that Tony is now supported by Janak Darji, Gaurav Minhas and Manu Pundir who each bring their own wealth of knowledge and expertise to the team. Tony’s proficiency in Hindi, Punjabi, and English, plus an understanding of Gujarati, allow him to gain people’s confidence and give him the edge in negotiations. Janak also speaks Gujarati and Gaurav also speaks Punjabi, Hindi and Fiji-Hindi.

Tony Chaudhary and his team efficiently services a growing national and international client base which values their diligent work, intelligent marketing strategies and proven negotiation skills that Tony has consolidated. Tony and the team invest significant time and energy to ensure that every avenue is pursued to find the right buyer for each property he is entrusted to market.

Deeply established in the Auckland commercial property market, Tony and his team, together with the reputable Bayleys brand, delivers exceptional real estate service to discerning property owners keen to realise true market value in the competitive marketplace.