NAI Harcourts are pleased to offer 25 Port Road, Whangarei to the market for sale with vacant possession.
Novus are moving out, providing opportunity for both Owner/occupiers and investors in this great position.
For the Owner/occupier:
Located directly opposite the bustling Okara Shopping Centre, this high-profile Port Road property captures significant daily traffic, offering an exceptional brand presence.
The property offers an approx. 200 sqm versatile building, currently configured and operating as a motor vehicle workshop. It includes approx. 50 sqm of dedicated air-conditioned office and customer reception space, plus staff facilities. Workshop access is dual, from both the front and the rear via the convenient riverside service lane.
The total land area is 304 sqm (more or less) with convenient, private drive-up parking right at the front door.
The tenure is Leasehold and is secured with a perpetual 21-year renewable ground lease with the much favoured 21-year rent review. Ensuring a fixed ground rent of $8,250+gst for the foreseeable future.
Offered with Vacant Possession. Move in and start operating immediately after settlement!
For the investor:
Rather have this property tenanted? The leasing security in this area is second to none. With an estimated net lease price of $32,000+gst plus outgoings, this property can serve as your next investment property. We can help tenant the property for you.
Beyond its high-profile business exposure, this property offers a significant future redevelopment opportunity, with further expansion of Whangarei District Council's walkways in the planning along this part of the riverside.
With the vendors having successfully committed to a larger property, this prime space is ready for its next owner to step in and thrive.
This property is sold by way of Deadline Sale (unless sold prior).
All offers are to be received prior to 11.00 on 26 November 2026.
Contact us today for viewings and details!
