Positioned in the heart of the Morrinsville main street, this rare opportunity comprises of six ground floor business premises plus two residential units on the upper level.
The ground floor is home to well-established tenants including Pattison Jewellers, Cathay Takeaway, Imagine If, and a newly leased business, ensuring reliable income streams. To the rear, with convenient back-street access, you'll find an additional privately leased office area along with the Contact Care business.
With a strong mix of commercial and residential tenants, this property provides excellent income diversity and long-term investment security.
Our motivated vendors are committed to meeting the market, and early inspection is strongly recommended.
Key features include:
- High profile location
- Unique character architecture
- Land area: 924m2
- Business Zoning
- Dual street frontages for maximum exposure
- Spread of risk with 8 tenants
- Expected commercial rental income of $104,893 + GST and OPEX
- Expected residential rental income of $43,680
- Earthquake rating of 67%
For further details or to arrange a private viewing, please don't hesitate to contact Neil 027 662 2186 or Dave 027 457 9060 today.
