Key features:

• Three diverse tenancies covering food, professional services and trade retail

• Fully occupied investment

• Currently returning $62,830pa + GST (net) but as at 1st November 2024 will increase to $65,401.59pa + GST (net)

• Corner site prime for future development

• Located at the southern end of the main CBD of Tuakau Village

This is an exceptional and unique opportunity for investors to buy this prime piece of real estate in the heart of Tuakau's premier retail strip on George Street.

Positioned in an excellent location, it features three tenants in a tightly held location. The building is an older structure, and improvements have been made over the years to provide very presentable spaces with attractive street frontages.

In real estate terms, Tuakau has continued to enjoy strong demand for investment property for a number of years now. This has been largely driven by a tightly held commercial property market and above-average population growth, creating a very healthy business environment.

With a strong, growing neighbourhood and unprecedented growth in our area, this is a must-view property. The owners are highly motivated to sell on auction day.