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UnclaimedCommercialOffices

20 Baxter Street, Warkworth

Also 3 Percy Street

Auckland

Negotiation

  • 200m²
  • 310 m²
  • Office

Split-risk Investment with development upside

Secure your position in high-growth Warkworth with this fully tenanted, split-risk commercial investment returning a passing income of $94,336.24 net per annum.

The strategic corner position, flat contour and north-facing aspect, together with the proximity to New World supermarket, provide excellent potential for multi-level development aligned with Warkworth's future growth plans.

Key Investment Highlights: •Net Income: Currently returning $94,336.24 net per annum. •Floor Area: Approx. 200sqm of well maintained office space •Land Area: Approx. 310sqm freehold title •Fully Tenanted: No downtime - income from day one •Split-Risk Profile: Multiple established office tenancies reduce reliance on a single occupier •Business Town Centre Zone: Warkworth 3 sub precinct B (subject to council height variation controls up to 18m) •Future Development: well suited to commercial/retail on the ground floor and accommodation above. •Two Road Frontages: Excellent profile with dual street exposure •Convenient Parking: Street parking right outside for staff and clients •Prime Warkworth Location: Benefit from the region's strong population and infrastructure growth •Low-Hands-On Investment: Established leases with steady, professional tenants

20 Baxter Street offers a rare opportunity to acquire a passive, income-producing asset in one of Warkworth's most sought-after town centres. With its established rental stream, tidy presentation and diversified tenant mix, this property is ideally suited to investors seeking stable returns and long-term growth potential.

For further property detail, please access the online dataroom at www.propertyfiles.co.nz/1271391

What you’ll love about this place

  • About 80 m from the coast

From LINZ's topographic maps: how near the land comes to the water's edge.

Capital value
$1,150,000
DVR · 1 May 2024
Land value
$620,000
DVR · 1 May 2024
Improvements
$530,000
Capital less land

The council's capital value of 20 Baxter Street is $1,150,000 as at 1 May 2024: land $620,000 and improvements $530,000.

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What it costs to live here

Home expense estimates

—a month, all in

Estimates from the floor area and typical New Zealand prices, not quotes. Power, gas and internet details from the Electricity Authority and Gas Industry Co registries and Chorus.

Property data

  • Land area310 m²
  • ImprovementsOffice, other improvements
  • Property categoryOffices
  • CouncilAuckland
  • Valuation #01281-00000034700
  • Valuation date1 May 2024

From the council’s rating records and the other sources noted on hover. Bedrooms and bathrooms may come from a past listing. Built is the decade the valuer records.

Title and land

Order a title record
  • Title numberNA34A/851
  • Title typeFreehold
  • Legal descriptionLot 1 Deposited Plan 77842
  • Addresses on this property2
Registered instrumentsChecking the register… See the title summary →

Owner names and the parties to each instrument are not published on this page. Order the record of title to see them.

Getting around

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Building consents

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Zoning and hazards

What the council's published maps say about this land. A map is a model of a storm, not a record of one: a LIM or a flood report says more.

Reading the council's maps…

What could you build here?

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About Warkworth

Auckland
4,302
Properties on the rating roll
1 May 2024
Last council revaluation

Counts describe the records we hold for this territorial authority, not a market forecast. OwnBetter has no estimate for this property. Every council figure on this page can be checked against the council's own record.

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