Located in the bustling Waikato town of Paeroa, this commercial property enjoys prime positioning on the main street - State Highway 2, the key route linking Auckland and Tauranga. This high-profile location offers strong visibility and foot traffic in the centre of town.
The current tenant renewed their lease in November 2024, with the term running through to 2027, plus a further 2-year right of renewal.
Current rental: $17,500 + GST + OPEX per annum.
Solid, Character Building
Originally constructed in the 1920s, with a rear extension added in 2003, the building blends historical charm with practical space. An Initial Seismic Assessment reports the building at 25% NBS (longitudinal) and 15% NBS (transverse).
The longstanding tenant provides essential services to Paeroa and the surrounding district, including:
-Kiwibank Services
-NZ Post and Post Boxes
-Stationery & Giftware
-Knitting and Wool Supplies
-Photocopying Services
This is a rare opportunity to secure a tenanted investment in a key Waikato township, with a reliable income stream and excellent central location.
For further information or to arrange a viewing, contact Rhys Carmichael on 027 522 0031
Please note: Viewings are strictly during business hours.
