342 Kerikeri Road, Kerikeri

$1,800,000

5 Bed

5 Bath

GROSS RETURN: $146,000 pa

Positioned next to the Kerikeri Bakehouse Café, the property comprises 2,291m² of Freehold land, as well as a generous 672m² building housing the well-known Madly Indian restaurant, and five residential units at the rear.

Developed in a Mediterranean Style amongst Bamboo and Palm trees within walking distance to the Kerikeri CBD. The property offers ample parking space at the front and rear, ensuring convenience for both patrons and residents alike. The property has an additional, undeveloped land area at the rear of the section. The building has also had a comprehensive building report done in 2018.

With a rental return of $146,000 + GST per annum (where applicable), this property represents a lucrative investment opportunity with a diverse income.

Don't miss out on this prime property in the heart of Kerikeri.

KEY FEATURES:
2,291m² of Freehold land
Home to Madly Indian Restaurant
5 Residential units
Returning $146,000 + GST per annum (where applicable)
Rear area is undeveloped

Asking price is plus GST if any

Regan Polglaze

021 293 2411

Email agent

Call agent Email agent