712 Port Road, Whangamata NZ 3620

For Sale $760,000

Commercial with Sep Accom Whangamata


This is an excellent investment opportunity. The iconic superette in the Central Business District of Whangamata known locally as the Slipper Superette (also known as Slipper Milk bar)

This property returns 6.4% on the asking price. The current combined rent is $$48,866.30 gst approx + R & I

There are three levels to this property.

The bottom level is a Superette Grocery Store, this has a 3x3x3 lease

Level 2 and 3 is living accommodation and storage this has a 1 year lease with no right of renewal. This means you can buy the whole building and all you have to do is wait a year (or less) and you get access to the first and second floor as a holiday bach or bolthole with great top floor views.

A crude lift, winch provides cartage to the second level for goods storage.

The second level also has direct street access through a staircase to the foot path.

This building is constructed of blocks, long run iron and glass and is in resonable condition having been rebuilt in the nineteen eighties.

There are excellent views of the Whangamata harbour entrance and surrounding rural hills from the top accommodation level.

Call me now to inspect.

This property is proudly listed by:

First National Whangamata 501a Port Road
Whangamata NZ 3620

Open for Inspection

By Appointment

Additional information

Property Type Retail/Shopping centres/Petrol stations
Property ID 41908110003
Price $760,000
Council Rate $3,140
Water Rate $402
Building Area 475 sqm (approx)