510sqm
floor area
329sqm
land area
|
12:00PM |
33 Duke Street, Cambridge
Centrally located | with a wide street frontage |
Multiple | high-quality tenants |
Solid building | with good earthquake rating |
• Seldom available investment in sought-after Cambridge
• Multiple tenants returning $79,400pa + GST and outgoings
• Centrally located featuring an optometrist, dentist and beauty therapy
In the heart of down-town Cambridge, the growth engine of Waipa District, this solid commercial building presents a top-drawer investment. It delivers the strengths of mixed tenant occupancy, a C grade seismic rating and CBD location. Its wide street frontage is visually dynamic in a busy street with excellent foot and vehicle traffic. Established, stable tenants synergise superbly and create a strong image for the prominent property in the bustling, economically buoyant town.
These high quality tenants ensure diversified income and split risk investment. Economic growth in Waipa, particularly Cambridge, is outpacing the rest of the Waikato and the country. GDP growth for the year ending March 2018 was 4.2%, compared to 3% for the rest of the Waikato region, and 2.7% for the rest of New Zealand. Cambridge's population growth has increased demand in construction and commercial services, which, in turn, incentivises investment. Given the current shortage of investment opportunities across the market, and the possibility of maximising the returns, the sale of this building couldn't come at a better time.
Licensed under the REA Act 2008
Mobile: +64 21 063 5165 |
Office: +64 7 834 6744 |
rebecca.bruce@bayleys.co.nz |
Licensed under the REA Act 2008
Mobile: +64 21 943 305 |
Office: +64 7 834 3801 |
david.cashmore@bayleys.co.nz |
510sqm
floor area
329sqm
land area
|
12:00PM |
33 Duke Street, Cambridge
Centrally located | with a wide street frontage |
Multiple | high-quality tenants |
Solid building | with good earthquake rating |
33 Duke Street, Cambridge
Open in mapLicensed under the REA Act 2008
Mobile: +64 21 063 5165 |
Office: +64 7 834 6744 |
rebecca.bruce@bayleys.co.nz |
Licensed under the REA Act 2008
Mobile: +64 21 943 305 |
Office: +64 7 834 3801 |
david.cashmore@bayleys.co.nz |
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