Two prime freehold commercial lots positioned on sought-after Selwyn Road in the very heart of downtown Paihia, offering an exceptional opportunity for investors, developers, or land-bankers seeking a premium Bay of Islands holding.
Located immediately adjacent to Paihia's main retail and commercial precinct, these strategically positioned sites are perfectly placed for future development and offer
outstanding potential for a wide range of residential, tourism, hospitality, or commercial applications, subject to council approval.
Together, these two properties present a rare large-scale holding in one of Northland's desirable coastal destinations. Existing resource consent has been granted for a proposed development including tourist cabins and car parking facilities, with documentation available for inspection by interested parties.
Available to purchase together as one significant development opportunity, the combined properties enjoy a central location close to Paihia's vibrant shops, cafe's,
restaurants, waterfront attractions, and golden beaches. With thoughtful design and development, the elevated positioning offers the potential to capture some of the area's finest water and coastal views.
Property Highlights:
• 30 Selwyn Road - Features an existing, approximate 37sqm, commercial premises set on 829sqm (more or less) of freehold land. Currently rents for $15,000+GST per
annum.
• 32 Selwyn Road - Comprises 691sqm (more or less) with an existing structure (being sold as is) centrally positioned on the site, offering flexibility for redevelopment. Income from car parking is currently, approximately $3900.00 last year.
Opportunities of this scale and location in central Paihia are increasingly scarce.
Secure a premium development site in a thriving tourism and lifestyle destination with significant future upside. This landholding is being sold +GST (If any).
