Colliers is proud to present 23 Sheppard Avenue, Pauanui, a rare opportunity for investors and prospective owner-occupiers to secure the township's sole service station on a substantial freehold site.
Currently returning $124,712 net per annum, the property is leased to G.A.S. and comprises a 400m² building situated on a generous 2,064m² freehold site. Strategically positioned within Pauanui, the property benefits from its established service station operation and exposure to both the local community and seasonal visitor market.
The offering presents an attractive opportunity for investors seeking an established income stream with future add-value potential, while also providing prospective owner-occupiers the opportunity to explore acquiring the existing business and transitioning into an owner-operator model, subject to the necessary arrangements.
Zoned Commercial under the Thames-Coromandel District Plan, the property benefits from planning provisions that specifically provide for service station activities, alongside a broad range of other commercial uses.
Property highlights:
- Sole service station in Pauanui
- 2,064m² freehold site
- 400m² building area
- Returning $124,712 net p.a.
- Leased to established operator G.A.S.
- Potential for owner-occupiers to acquire the business and operate from the premises
- Add-value potential for investors and prospective owner-operators
- Commercial Zone under the Thames-Coromandel District Plan
An opportunity to secure a strategically positioned commercial asset with an established income stream, future add-value potential and the flexibility to appeal to both passive investors and aspiring owner-operators.
Contact the Sole Agent for more information:
Gawan Bakshi
+64 21 31 31 48
[email protected]
