Investment opportunities like this don't come along often in a high profile main street location on Shate Highway 2 Waipawa.
Especially the even rarer opoortunity to purchase 2 titles side by side.
Here's 85 and 85A High Street, a substantial dual-title commercial investment in a prime and prominent position.
Selling speatatel;y ..., so buy one? Or secure both?
Situated on two separate titles totalling approximately 1,704 square metres, these well-known commercial properties provide multiple income streams and long-term upside for investors.
This title has 755 sq metres
This building currently has 4 tenants with total rent $23,765 + gst + opex until 31.1.202, when the 3 smaller leases expire.
The buildings are home to a diverse mix of established local businesses, creating a broad tenant base and reducing reliance on any single occupant. Current leases generate a combined rental income in excess of $44,000 per annum plus GST and outgoings, providing immediate cash flow from day one.
With prominent High Street frontage, excellent visibility, and convenient customer access, these properties occupy a strategic location within Waipawa's commercial precinct.
Investors will appreciate the mixture of lease terms, future leasing opportunities, and the flexibility that comes with owning two adjoining commercial assets.
If you're looking to add to your portfolio, secure a provincial commercial investment, or explore future value-added opportunities, 85 and 85A High Street deserve your attention.
For further information, rental schedules, lease details, or to arrange your inspection, contact Heatha at Harcourts.
