149 State Highway 10, Kaeo, Far North

A rare opportunity to secure a substantial freehold industrial property positioned on State Highway 10 in Kaeo. Offering multiple income sources, including two residential dwellings with tenants in place and a partial commercial tenancy operated by NorthParts 4WD, part of the site with vacant possession, this versatile property provides strong holding income with significant upside for future redevelopment or expansion with subdivision approved.Property Features Freehold – 9,920sqm (more or less) Extensive industrial buildings totalling approx. 1,795sqm floor area (approximate external measurement only)Two 98sqm residential houses, both currently tenanted, subdivision approved by FNDCEstablished commercial tenant: NorthParts 4WD (partial building tenancy)Zoning: Light IndustrialConcrete construction, steel/G-iron roofing with remediation work ensuring property does not floodExcellent State Highway 10 frontage and accessStrong future potential for industrial expansion, yard development or continued multi-tenancy income Income Opportunity Residential income from two separate housesCommercial income from existing 4WD parts & mechanical tenantLarge remaining building and land areas offer additional leasing potential Situated at the gateway to the Far North, this property benefits from high visibility, convenient access, and proximity to Kaeo township, Whangaroa Harbour, and the wider Bay of Islands region. Ideal for mechanical, storage, trade, transport, agricultural, or manufacturing-based operations.Suitable For Investors seeking multi-tenanted returns and capital growth upsideOwner-operators needing industrial space plus onsite housingDevelopers exploring long-term industrial or mixed-use potentialAutomotive or trade-based businesses Asking $1,475,000 (price negotiable)Contact the Bayleys Sole Agent for more info today!Property files can be downloaded here: https://www.propertyfiles.co.nz/property/1005027