Avenues, Whangarei

This well located commercial property is just minutes from the CBD and main road connections, offering a rare opportunity in a tightly held area. Sitting in a flexible commercial zone, it’s ideal for owner-occupiers, investors or developers looking to unlock serious potential by repurposing these versatile buildings or a new high-rise development The substantial two-level building comes with 20 plus onsite car parks, which is a real bonus this close to the city. With a height allowance of up to 27 metres, there’s plenty of scope to redevelop in the future, or you could upgrade the existing structure for a range of uses like offices, retail, light industrial, gyms or even places of assembly.Currently on short-term leases, the building provides holding income while you decide on your next move. Whether you plan to renovate and occupy, lease it out, or completely redevelop, this is a blank canvas ready for your vision.The site is walking distance to the CBD which makes it close to key amenities and transport links, making it even more appealing. This is a smart opportunity to secure a versatile commercial property with strong add value potential in a location that's only becoming more in demand. Features: Land area: 1,401m²Floor area: 1,050m² (approx.)Capable highrise 27mExcellent onsite carparksOpportunity to repurpose the building Close to CBD and main roadways Commercial zone allows a multitude of uses More information: https://www.colliers.co.nz/p-NZL67034687