714-720 Port Road Whangamata, Thames Coromandel District

Whether you are an investor or a developer, this site offers numerous possibilities for your next project. The site offers plenty of scope for a new build, whether you are looking to develop a multi-story building, a boutique retail complex, or a mixed-use development.

• Land Area: 949 square metres (more or less) of prime commercial land with substantial potential for redevelopment. Comprised of 4 adjacent lots.

• High Visibility: Located on a prominent corner site entering the main street with excellent exposure.

• Flexibility: Leased to an excellent tenant. You will inherit strong cashflow whilst you take your time to develop and consent the optimal project. The lease has been extended to 14 December 2027.

• Zoning: Pedestrian Core - flexible zoning. Investigate the variety of development options, including retail, hospitality and residential use - with restrictions applying.

Tender Closes 12pm on 20 February 2025 (unless sold prior)

Please contact us for further information.