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Investor Alert - Redwoods Commercial Centre

Kerikeri, 1526 Springbank Road

Auction 26 Apr 2019 Unless Sold Prior

Listing Number: KK26944
About this listing
This multi-tenanted commercial property offers sound passive returns and excellent potential for future development, it is an investors dream! The flat 2.19-hectare property, in a prime position on State Highway 10, offers six strong leases with multiple access points and rental returns are healthy.

The anchor tenant is Redwoods Garden Centre and Café, Kerikeri's most iconic garden centre. There are numerous other buildings on the property, all with secure tenancies in play, so the current investment strategy is sound.

The cherry on the top is the possibility of future development, potentially adding more rental returns to the portfolio? The Redwoods Centre is more than just a destination, it's a venue.

An opportunity such as this doesn't come along often, and our vendors are committed to moving forward. Viewing is recommended.

Price is +GST (if any)
Auction date
Friday 26 Apr 2:00 p.m. (NAI Harcourts Kerikeri)
Unless Sold Prior
Property Information
  • Approx Floor Area: 1600 sqm
  • Land Size: 2.1942 Ha
  • Tenure: Fee Simple
  • Property Type: Retail, Tenanted Investment
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