Great Return on Investment

  • $1,200,000
29 Main Road, Tirau, South Waikato 3410, New Zealand

Great Return on Investment

29 Main Road, Tirau, South Waikato 3410, New Zealand
  • $1,200,000

Description

  • This comprehensive investment on State Highway 1 accommodates seven tenants with a total income of $91,820 on a high profile 1,739sqm (more or less) of land in the heart of Tirau.
  • The township is renowned for its place-specific economic activity, and is a destination centre with a strong consumption culture and a tourism-related identity. It lies in the hub of the North Island.
  • Tenants include the popular Bugger Cafe, the Christmas Heirloom Company, Rural & Lifestyle Sales, The Motivator Personal Training Studio, Skinique Beauty Therapy and Regenisys Limited.The seventh is a residential tenant.
  • With an income of $91,820.
  • Tirau is a vibrant little town on a major junction in the New Zealand state highway network and is a must-see attraction for many visitors throughout the year.
  • The Cambridge expressway has had a positive impact on the destination township, with more traffic and increased customers through the doors of local businesses.
  • Buying a well-established multi-tenant property is a prime investment option, particularly as a source of income is usually guaranteed.
  • This investment provides strong and reliable returns in the form of both income and potential capital growth.
  • Price: $1,200,000 +GST
  • Address 29 Main Road
  • City Tirau
  • State/county South Waikato

Details

Updated on October 20, 2020 at 4:00 pm
  • Property ID: RAL667
  • Price: $1,200,000
  • Property Size: 491 m2
  • Land Area: 1739 m2
  • Property Type: Commercial
  • Property Status: For Sale

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