Sold

7 Belgium Street,
Ostend, Waiheke Island

1,618m² land size
103m² building size
Retail

NZD 2,143,000


Property details

Rare opportunity

A rare offering has become available. This large (1618 square metre) site zoned Ostend Village Commercial 2, also offers some serious development upside.

The owners have recently obtained Resource Consent to build a further three retail and two visitor accommodation units to fully maximize site coverage and mix of use.

Timbuktu currently trades from the front building with their right of renewal to be exercised by the end of February 2022, with a further two x three year terms from April 1st, 2022.

If you prefer to take the whole site as a complete development project, there is the opportunity to take over the Timbuktu lease, although you would have to be quick to secure this option as there is currently very strong interest in this business.

Commercial sites of this size are extremely rare on Waiheke Island and being right in the heart of Ostend, near Countdown supermarket, this truly is a prime opportunity not to be missed.

Don't delay enquiring as interest in this property is sure to be strong.

Explore the area


School catchments

  • Waiheke Primary School Full primary Years 1-8 State 0.90km
  • Te Huruhi School Primary Years 1-6 State 1.6km
  • Fossil Bay School Full primary Years 1-8 Private 4.2km
  • Maraetai Beach School Full primary Years 1-8 State 9.3km
  • Beachlands School Full primary Years 1-8 State 10.7km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check enrolment zones and eligibility with the school. School data © Ministry of Education, licensed under CC BY 4.0.


Find out how much home loan repayments will be

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Loan Market Pty Ltd | Australian Credit Licence 390222. All interest rates stated must include "p.a." and the relevant Comparison Rate in full.


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