Far North Median PriceFar North Median Rent | A1D Williams Road, Paihia | $500,000+ listed in Jun 2015 | Retail: | Building size: 66 sqm | Land size: [Measure] | Agent: Bay of Islands Realty Ltd |
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Map | Street view | Nearby | Property Description: | This property is located on the Paihia High Street. These shops provide some of the most desirable lease locations in Northland. The tenant, Harcourts, is part of a national franchise who are on good lease terms.
Paihia benefits greatly from the year round flow of Cruise ships that visit the Bay Of Islands and use Paihia as their entrance point. This year there were over 40 cruise ships visiting the Bay and next season is projected to bring in 30% more passengers.
The Vendor can boast almost 100% tenancy history in the 22 years of ownership for this entire strip of 6 shops. These properties provide a great option for lower risk commercial investment.
Four separate properties on the High Street of Paihia with good lease terms are available for sale. Purchase one or all.
Call the commercial specialist now for further details. |
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