A NOTEWORTHY INVESTMENT
Prominently positioned where locals and travellers pass through daily, this well-located commercial property sits in the heart of Paeroa's main street on State Highway 2, the key route connecting Auckland and Tauranga. Its central location provides strong visibility and steady foot traffic within this busy Waikato township.
The property is securely tenanted, with the current occupant renewing their lease in November 2024. The lease runs through to 2027 and includes a further two-year right of renewal, offering investors a dependable income stream.
Current rental: $17,500 + GST + OPEX per annum.
Originally build in the 1920's with a rear extension completed in 2003, the building combines character charm with functional commercial space. The long-standing tenant provides essential services to the Paeroa community and surrounding districts, including:
•Kiwi bank services
•NZ Post and post boxes
•Stationery and giftware
•Knitting and wool supplies
•Photocopying services
An excellent opportunity to secure a tenanted investment in a prominent Waikato township, providing a reliable income stream and strong main street presence.
For further information or to arrange a viewing, contact Rhys Carmichael on 027 522 0031.
Please note: Viewings are strictly during business hours.
