Terry Spice

+64 21 755 889
P O Box 180, Arrowtown 9351
terry@luxuryrealestate.co.nz
Nick Horton

+64 21 530 000
P O Box 180, Arrowtown 9351
nick@luxuryrealestate.co.nz
Charlie Brendon-Cook

+64 212 444 888
PO Box 41, Russell, Bay of Islands
charlie@luxuryrealestate.co.nz
George Orchiston
+64 27 572 0547
P O Box 180, Arrowtown 9351
george@luxuryrealestate.co.nz
John Bridgewater

+64 21 939 244
P O Box 180, Arrowtown 9351
john@luxuryrealestate.co.nz
Nick Horton

+64 21 530 000
P O Box 180, Arrowtown 9351
nick@luxuryrealestate.co.nz
Terry Spice

+64 21 755 889
P O Box 180, Arrowtown 9351
terry@luxuryrealestate.co.nz
Nick Horton

+64 21 530 000
P O Box 180, Arrowtown 9351
nick@luxuryrealestate.co.nz
George Orchiston
+64 27 572 0547
P O Box 180, Arrowtown 9351
george@luxuryrealestate.co.nz
George Orchiston
+64 27 572 0547
P O Box 180, Arrowtown 9351
george@luxuryrealestate.co.nz
Nick Horton

+64 21 530 000
P O Box 180, Arrowtown 9351
nick@luxuryrealestate.co.nz
Terry Spice

+64 21 755 889
P O Box 180, Arrowtown 9351
terry@luxuryrealestate.co.nz
Nick Horton

+64 21 530 000
P O Box 180, Arrowtown 9351
nick@luxuryrealestate.co.nz
Charlie Brendon-Cook

+64 212 444 888
PO Box 41, Russell, Bay of Islands
charlie@luxuryrealestate.co.nz
Nick Horton

+64 21 530 000
P O Box 180, Arrowtown 9351
nick@luxuryrealestate.co.nz
Ian Birch

+64 27 222 9977
P O Box 41, Russell, Bay of Islands 9351
ian@luxuryrealestate.co.nz
Charlie Brendon-Cook

+64 212 444 888
PO Box 41, Russell, Bay of Islands
charlie@luxuryrealestate.co.nz
Charlie Brendon-Cook

+64 212 444 888
PO Box 41, Russell, Bay of Islands
charlie@luxuryrealestate.co.nz
Ian Birch

+64 27 222 9977
P O Box 41, Russell, Bay of Islands
ian@luxuryrealestate.co.nz
Nick Horton

+64 21 530 000
P O Box 180, Arrowtown 9351
nick@luxuryrealestate.co.nz
Charlie Brendon-Cook

+64 212 444 888
PO Box 41, Russell, Bay of Islands
charlie@luxuryrealestate.co.nz
Terry Spice

+64 21 755 889
P O Box 180, Arrowtown 9351
terry@luxuryrealestate.co.nz
George Orchiston

+64 27 572 0547
P O Box 180, Arrowtown 9351
george@luxuryrealestate.co.nz
John Bridgewater

+64 21 939 244
P O Box 180, Arrowtown 9351
john@luxuryrealestate.co.nz
George Orchiston

+64 27 572 0547
P O Box 180, Arrowtown 9351
george@luxuryrealestate.co.nz
George Orchiston

+64 27 572 0547
P O Box 180, Arrowtown 9351
george@luxuryrealestate.co.nz
John Bridgewater

+64 21 939 244
P O Box 180, Arrowtown 9351
john@luxuryrealestate.co.nz
Terry Spice

+64 21 755 889
P O Box 180, Arrowtown 9351
terry@luxuryrealestate.co.nz
Sarah Lyttle

+64 27 522 3252
P O Box 180, Arrowtown 9351
sarah@luxuryrealestate.co.nz
Sarah Lyttle

+64 27 522 3252
P O Box 180, Arrowtown 9351
sarah@luxuryrealestate.co.nz
Terry Spice

+64 21 755 889
P O Box 180, Arrowtown 9351
terry@luxuryrealestate.co.nz

Mixed Use Residential & Commercial, Russell
Right in the heart of the tourist centre of Russell, this is an investment opportunity with multiple options.

Currently the property has been left vacant so new owners have the option to install their own businesses in the freehold or examine the options for development. The zoning allows for high density commercial and residential development up to 8.5m with possible use for retail, food, or professional offices. With homes in Russell now in short supply and selling at premium levels this could be a great opportunity to combine a great living environment with income.

If you are looking for yield, the property is divided into two separate tenancies of approximately 80m2 each; both with full amenities. This investment presents as ideal for retail, food, or professional offices. There is also great potential for mixed residential/commercial development subject to council permits.

If you have vision, you will know how to capitalize on the high traffic location and the growing popularity of this area for year-round tourism. If you are new to commercial investment then call me now to discuss the possibilities.

  • Commercially zoned, central Russell location
  • Thriving tourism centre, market for retail and food outlets
  • Freehold site of approximately 262m2, on-site car parking
  • Ideal for owner-occupier with secondary rental income
  • Potential for excellent yield at market rental rates
  • Various options to lease at competitive market rates







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