Turnkey commercial opportunity

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If you’re looking for a commercial investment or a new business opportunity, this freehold offering in Ōpōtiki is sure to spark your interest.

Numbers 89 and 91 St John Street sit within one of Opotiki’s key commercial precincts and are well known locally as the home of the long-established business Ōpōtiki Drainlayers.

On offer are two freehold, commercially zoned sites totalling 1821sqm (more or less), with excellent frontage and exposure to St John Street.

Number 89 is the larger site at 1,012sqm (more or less) and features a well-maintained 202.8sqm (approximately) commercial building, including mezzanine space, incorporating functional warehouse and workshop facilities alongside multiple additional sheds. As well as providing excellent storage facilities, the
expansive site provides easy access and manoeuvrability for trucks and other vehicles.

Next door, the adjoining site at 91 St John Street adds a further 809sqm of commercially zoned yard, effectively expanding the footprint and flexibility of the operation.

Together, the two freehold sites deliver a substantial opportunity to commercial
investors looking to expand their portfolio.

Add in the opportunity to also secure the Ōpōtiki Drainlayers’ business, and the deal only gets sweeter.

Ōpōtiki Drainlayers is highly regarded within the town having notched up more than 26 years of successful operation.

As the only local operator to combine plumbing supplies with full drain-laying
services, the business has carved out a valuable niche. Its membership of the
Master Plumbers, Gasfitters and Drainlayers Association of New Zealand reinforces a reputation for reliability and workmanship that has translated into strong community
recognition and a loyal repeat client base.

For an owner-operator or an acquiring company, the immediate benefit is not only physical infrastructure but a proven revenue stream and relationships that have been cultivated over decades.

For investors, the offering presents multiple possibilities: hold and lease to trade tenants; redevelop or expand the existing improvements; or integrate the business into a larger regional operation.

For industry participants, the combination of spacious yard areas, workshop facilities and a retail frontage creates operational efficiencies that are hard to replicate.

For local entrepreneurs, buying the package means stepping into a trusted local brand and walking into a site that’s set up to work from day one.

■ Freehold land, buildings and business

■ 1821sqm of commercially zoned land

■ Long-established Ōpōtiki Drainlayers’ business

■ Well-constructed and maintained buildings

89-91 St John Street, Ōpōtiki | Listed by: Bayleys Whakatāne | Ph 07 307 2710

Sale by tender Closing 4pm on Wednesday, August 5 (unless sold prior)

Viewing: By appointment

Agent: Larissa Reid 027 436 9701

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