11 Waimangaro Road, Paihia, Far North

Position yourself in one of Northland's most promising investment locations with this outstanding passive commercial investment in the heart of Opua, the gateway to the Bay of Islands.This high-profile property is leased to an established hospitality operator with two complementary and resilient revenue streams-the iconic Roadrunner Tavern and a Super Liquor franchise. Together they provide a strong, diversified business that has become an integral part of the local community and the region's thriving tourism sector.Returning $88,000 per annum plus GST and outgoings, the property is secured by a 10-year lease, providing investors with long-term income certainty and minimal management requirements.Occupying a commanding position with exceptional road frontage on Waimangaro Road, the property enjoys outstanding visibility to both local traffic and the thousands of visitors travelling through Opua each year. This prominent exposure is a key contributor to the tenant's ongoing success and underpins the property's long-term investment appeal.The Far North continues to attract significant attention from investors seeking value and growth. Population growth, increasing domestic and international tourism, and continued investment in Northland's transport network and roading infrastructure are driving stronger economic activity throughout the region. As connectivity improves and more people choose the Far North as a place to live, work and holiday, well-located commercial assets are becoming increasingly sought after.From an investment perspective, licensed liquor premises represent one of the more tightly held sectors of the commercial market. With strict licensing requirements, established trading locations, and enduring consumer demand, quality liquor and hospitality tenancies are highly desirable and often difficult to acquire.The property itself has also benefited from substantial capital improvements, providing confidence for years to come, including: New roof with a lengthy transferable warranty.Independent Engineering Assessment (IEP) achieving an impressive 100% New Building Standard (NBS) rating.Asbestos report available upon request.Well-maintained commercial premises requiring little immediate capital expenditure. Whether you're expanding your commercial portfolio or seeking a secure investment backed by an established tenant and long lease, 11 Waimangaro Road, Opua presents a compelling opportunity to acquire a quality income-producing asset in a region with an increasingly bright future.Secure income. Prime location. Strong tenant. Outstanding long-term investment.Contact us today for a comprehensive Information Memorandum or to arrange an inspection.