TAIRUA COMMERCIAL OPPORTUNITY

$1,395,000

Situated on the busy State Highway 25 which is the main thoroughfare linking the east coast of the Coromandel Peninsula, this commercial property has two tenants in place in the main commercial/retail part of the township. Originally constructed to house 5 shops the current layout comprises Punters Bar and Grill as well as the Tairua Pharmacy. The land size is 689m2 plus a 120m2 service lane at the rear of the property which has been vested in council.
The Tairua Pharmacy occupies approximately 169.8m2 of floor area with Punters Bar and Grill occupying approximately 255.4m2 plus an 82m2 of outdoor covered area.
The current capital value of the property is $1,330,000 and the rental income is a total of $76,500 per annum plus GST/OPEX.
List price is $1,395,000 plus GST (if any).
This is a great opportunity to secure your investment in this much sought after town and call or email Andrew for more information.

Andrew Gibson / Licensed Agent
Tairua Team
Mobile: 021 701 172
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Particulars

Address:
226 Main Road, Tairua
Price:
$1,395,000
Listing ID:
RA4633
Type:
Retail
Floor Area:
425 m2
Land Area:
689 m2