Zoning changes to bring versatility
Two adjoining properties in a commanding position giving 180-degree visibility to passing traffic on the southern fringe of Whangarei’s central business district have been placed on the market for sale together.
These two mature properties, at 12 Porowini Ave and 1 Tarewa Rd, offer a new owner a wide range of options, from partial renovation through to demolition and total redevelopment. Proposed council zoning changes, when finalised, have the potential to enhance the properties’ versatility.
Tarewa Rd is one of only two main arterial routes connecting State Highway 1 to the city centre, while Porowini Ave is a busy collector road and home to several major brand vehicle sales yards and Mitre 10 Mega. It also provides an important connection to a big box retail park and the city’s major stadium.
BJ Autos vehicle service and repairs workshop has operated from 12 Porowini Ave and the owner/ occupier will vacate the premises once they are sold, while a rented three-bedroom house and double garage sit on the 1 Tarewa Rd site and the tenants could be willing to stay on if a new owner wants to retain the property as it is. Both properties are being marketed as one for deadline sale on April 24 through Bayleys Whangarei salespeople Neil Campbell and John Haselden. The property features in Bayleys’ latest Total Prop
erty portfolio magazine. Campbell said the high-profile corner site is an opportunity for a business that wants to be in front of thousands of vehicles that pass daily through one of the busiest parts of the city.
“Situated on the intersection of Porowini Ave, Tarewa Rd and Morningside Dr, there are few sites in the city with this much exposure to passing traffic,” he said.
Campbell said the highest and best use for the sites would be to develop across both, providing either a new building for an owner/occupier or leased premises for businesses that need a high profile.
“Alternatively, Porowini Ave would also suit a developer who wants to make improvements to the existing commercial building to maximise the value the combined 1600sq m sites offer. It could be split into two tenancies,” Campbell said.
Haselden added: “The proposed zone changes that are being processed by the Whangarei District Council signal a wide range of commercial land uses will be permitted on the site. These could include warehousing, light manufacturing and even a service station or drivethrough facility.”
Zoning for both properties is about to change from Business 2 for Porowini Ave and Business 3 for Tarewa Rd into a new Commercial zone.
The new zone is through the public submissions stage and it is expected to be introduced shortly.