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Investment & Development Opportunity!!

Silverdale, 2 Tavern Road

$4,350,000 Plus GST (if any)

Listing Number: NSC25732
About this listing
Iconic pub investment with development twist. Great Holding Income/ Investment and Development opportunity. Consented Sub Division and resource consent for 9 apartments!

This restored hotel is one of Hibiscus Coasts oldest buildings with a huge history. This coupled with a thriving business serving great food and beverages creates the warm and inviting place it is today. The restaurant and bar provides an excellent holding income of $150,000 + GST + OPEX per annum on a strong & long lease.

The property has consent for sub division plans as well as resource consent for 9 apartments. The photos show the sub division plan and approved apartment design. The development land is a great corner site with a northern aspect and services to boundary. Short walk to park-n-ride, major super markets and shopping Centre.

This is a fantastic opportunity to own a iconic part of Silverdale's history and reap the rewards of the attached development.

If you would like more information or would like to view the property contact NAI Harcourts today.

Note: Boundaries shown in images are indicative only.
Property Information
  • Approx Floor Area: 570 sqm
  • Land Size: 2186 sqm
  • Tenure: Fee Simple
  • Property Type: Other

Contact Details

Property Location

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