Mahere Papa
Kei te Whakatangi Ataata
Rūma Manuhiri
Kihini
For the first time in over 30 years, seize this rare chance to acquire a prime multi-tenanted freehold asset centrally located in Cabarita Beach's bustling retail precinct.
Residential and Lifestyle Appeal:
? Nestled in a lifestyle Mecca renowned for its community charm
? Enjoy unobstructed ocean views down Palm Avenue just steps away from local shops and a short stroll to Cabarita's sandy beaches
? Ideal for long-term commercial holding with substantial returns from a mix of residential and business uses
? Opportunity to enhance with renovations or expansions, maximising coastal views and convenience
? Perfect for families looking to settle in a coastal paradise or as a secure retirement investment
? Zoned up to 4 stories (currently only 3 story configuration) with current concrete foundations and engineering ready to go up for another level
? Concept plans drawn available for proposed extension of current residence
? Features a spacious 10 car garage with ample storage and solid concrete footings
Investment Details:
? Situated on a 577sqm site with dual street frontages, featuring 7 mixed allotments: 3 offices, 1 restaurant, and 3 residential units totalling 627sqm in lettable area
This property offers a unique blend of income potential and coastal lifestyle, making it an exceptional investment opportunity in one of Australia's most coveted seaside destinations.
Contact Justin Schmith +61422051505
Wāhi Tiriti | Tawhiti | Tau Rūma Moe | Tau Rūma Horoi | Rohe Whare | Wā Hokona | Utu Hokona | Pūtake Raraunga | |
|---|---|---|---|---|---|---|---|---|
 | 0.24 km | 3 | 2 | -m2 | 2025 01 05 | - | Council approved | |
 | 0.22 km | 3 | 2 | -m2 | 2024 11 25 | $1,700,000 | Council approved | |
 | 0.20 km | 4 | 3 | 265m2 | 2024 11 21 | $2,325,000 | Council approved | |
 | 0.23 km | 2 | 2 | 104m2 | 2024 11 03 | $900,000 | Council approved | |
 | 0.06 km | 1 | 1 | -m2 | 2024 08 15 | $775,000 | Council approved |