7586 State Highway 1, Ohaeawai, Far North

Positioned on State Highway 1 within the Ohaeawai township, this high-profile commercial property presents an opportunity for Investors, Developers, or Owner Occupiers. Located on the main route to Kaikohe, the property benefits from consistent passing traffic and excellent accessibility, offering a strategic position within a service hub.Currently home to Ohaeawai Garage on a flexible month-by-month lease, this property generates holding income while offering scope for redevelopment. The Ohaeawai Garage has been operating here for over 20 years. The improvements comprise of three separate buildings with a combined floor area of 447m² (approx.): Workshop: 264m² (approx.)Retail shop/office: 100m² (approx.)Rear shed: 83m² (approx.)This property is serviced by a septic system and tank water supply. The west-facing roof of the workshop building has also been replaced. A standout feature of this property is the substantial unutilised land area, providing significant potential. This 1,011m² vacant lot is on it’s own Title and can be sold separately. Whether you are looking to expand the existing improvements, develop additional facilities, or landbank for future growth, this site offers flexibility rarely found in township locations. We invite offers for the whole property OR offers will be considered on each Title.KEY FEATURES:• High-profile State Highway 1 location• Total Freehold land area: 2,849m² over two titles• Vacant lot comprises 1,011m² can be sold separately• Multiple buildings with a total floor area of 447m²• Large surplus land area with development potential• Commercially zoned• Holding income on flexible lease terms• Excellent access and exposure to trafficFor Sale $495,000 + GST (if any) for the whole property (both Titles).