This is an extremely rare opportunity to secure a main street Raglan commercial premises which are traditionally tightly held. Formally the business uses of the property have been hair and beauty and more recently a popular Pilates fitness studio, although the site would suit a myriad of other uses, in particular retail due to the very high foot traffic and prime position among other successful businesses and also the iconic Harbourview Hotel is located right next door. Situated in the Waikato District Council 'Raglan Business Town Centre Zone' with a building height permitted of 10 metres with no building setbacks, redevelopment to a multi level building in the future as Raglan grows is a real possibility here. Raglan's population is growing due to it's seaside attractiveness and the large residential coastal subdivision currently underway on the Rangitahi Peninsula will also contribute further to this growth. This is a fantastic chance for a business to cement their operations in the main street and secure their future without the restrictions of being a tenant. LIM available on request.
Capital Value: $810,000
Land Value: $290,000
Waikato District Council Rates: $3786.12 incl GST
Waikato Regional Council Rates: $441.32
Legal Description: Lot 2, DP 34354
Building/Floor Area: 90m2
Certificate of Title: SA896/95