A Well-Positioned Investment
PRICE BY NEGOTIATION - Get in touch today for more information.
Secure a well-positioned commercial investment in the heart of Paeroa's main street. Situated on State Highway 2, the key route connecting Auckland and Tauranga, this prominently positioned property enjoys excellent exposure, consistent passing traffic, and a central location within one of the Waikato's well-established rural service towns.
The property is fully tenanted, with the current occupant renewing their lease in November 2024. The lease extends through to 2027 and includes a further two-year right of renewal, providing investors with a reliable income stream and long-term security.
Current rental: $17,500 + GST + OPEX per annum.
Originally built in the 1920's and thoughtfully extended in 2003, the building combines the character of its heritage with the practicality expected of a modern commercial investment.
Home to a long-established business, the property continues to play an important role within the local community, providing a range of essential services to Paeroa and the surrounding districts, including:
• Kiwibank services
• NZ Post and private post boxes
• Stationery and giftware
• Knitting and wool supplies
• Photocopying services
Combining a prominent State Highway 2 location, established tenancy, secure lease, and immediate rental income, this is an opportunity to secure a quality commercial investment with the fundamentals already in place.
For further information or to arrange a viewing, contact Rhys Carmichael on 027 522 0031.
Please note: Viewings are strictly during business hours.
