217sqm
floor area
369sqm
land area
Floor Area | 217sqm (more or less) building |
Lease term | new three (3) lease in place |
Location | prime location on main thoroughfare |
Seismic (NBS Rating) | 50% |
•New three (3) year lease
•Seismic 50% NBS
•Prize location on main thoroughfare
•Established tenant returning $53,000pa + GST
In the heart of Te Awamutu's retail precinct, this immaculate and much-admired commercial property is tenanted by a thriving, well-run local business. There is a new three (3) year lease in place and the net annual income is $53,0000pa + GST. With no seismic strengthening required, the 217sqm (approx.) building is future-proofed for a hands-off investor.
There is parking and a loading bay at the rear and well-established businesses in the immediate vicinity. Situated opposite the town's old post office, the prized location is highly sought-after and so too is the business, which specialises in homeware, gifts and decor. The tenant is loyal to their community and their well-patronised and immaculately presented store is a shopping magnet that adds vibrancy to the bustling Waikato town.
Call today for further information or to arrange an inspection.
Licensed under the REA Act 2008
Mobile: +64 21 161 4066 |
Office: +64 7 834 6748 |
willem.brown@bayleys.co.nz |
217sqm
floor area
369sqm
land area
Floor Area | 217sqm (more or less) building |
Lease term | new three (3) lease in place |
Location | prime location on main thoroughfare |
Seismic (NBS Rating) | 50% |
2 Alexandra Street, Te Awamutu
Open in mapLicensed under the REA Act 2008
Mobile: +64 21 161 4066 |
Office: +64 7 834 6748 |
willem.brown@bayleys.co.nz |
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