Positioned in the heart of Tuakau’s town centre, 22 George Street presents an affordable, entry-level commercial investment with established tenancy in place, leased to well-known family-owned business Barfoot & Thompson.
The property is held in freehold title and occupies approximately 298m² (more or less) of Business – Town Centre zoned land, allowing for a range of commercial uses and future flexibility. The existing building is configured for retail/office use and is currently leased.
Returning a net rental of $17,153 per annum plus OPEX and GST, the property offers a straightforward, passive income stream suited to investors seeking a lower price point investment or those looking to establish a foothold in a growing regional centre.
Located within Tuakau’s main commercial precinct, the property benefits from proximity to local retail and service amenities, with the wider Franklin area continuing to experience population growth and increasing investment in infrastructure.
This is a simple, well-located investment with holding income and long-term potential in an evolving township.