‘TAKE NOTE' OF THIS OPPORTUNITY

$299,000 plus GST (if any)

Located in the bustling Waikato town of Paeroa, this commercial property enjoys prime positioning on the main street - State Highway 2, the key route linking Auckland and Tauranga. This high-profile location offers strong visibility and foot traffic in the centre of town.
The current tenant renewed their lease in November 2024, with the term running through to 2027, plus a further 2-year right of renewal.

Current rental: $17,500 + GST + OPEX per annum.
Solid, Character Building
Originally constructed in the 1920s, with a rear extension added in 2003, the building blends historical charm with practical space. An Initial Seismic Assessment reports the building at 25% NBS (longitudinal) and 15% NBS (transverse).

The longstanding tenant provides essential services to Paeroa and the surrounding district, including:
-Kiwibank Services
-NZ Post and Post Boxes
-Stationery & Giftware
-Knitting and Wool Supplies
-Photocopying Services

This is a rare opportunity to secure a tenanted investment in a key Waikato township, with a reliable income stream and excellent central location.

For further information or to arrange a viewing, contact Rhys Carmichael on 027 522 0031
Please note: Viewings are strictly during business hours.

Rhys Carmichael / Licensed Agent Paeroa / Ngatea
Paeroa Team
Mobile: 027 522 0031
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Particulars

Address:
46 Belmont Road, Paeroa
Price:
$299,000 plus GST (if any)
Listing ID:
RG2110
Type:
Retail
Floor Area:
210 m2
Land Area:
246 m2