Prime commercial investment opportunity awaits the astute investor.

The opportunity to purchase 195 Commerce Street, Kaitaia (more commonly referred to as the Kauri Arms Tavern site) is now yours. Get in before it is too late!

This prime holding consists of two Titles with 1434m2 (more or less) of land and 850m2 of building area and is located prominently on Commerce Street with road frontage also on Allen Bell Drive and Ward Street.

The property has a head lease to a National company through to 2019 with an established tenant (Kauri Arms Tavern) residing there through the end of the lease period. The tenancy returns approx. $90,000 net rental per annum.

With an asking price of $900,000 (+GST if any), your return on investment is fantastic!

Act now to secure this great offering and contact Paul Jeeves or Alan Broadbent at Bayleys for further details.