• Single level building known as the Lines Building has a total floor area of 737sqm (approx.)
• Currently returning $40,861pa plus GST & Outgoings (approx.)
• Strong seismic NBS rating. Separate title issued
• Stable Tenant base with an average tenure of 11 years has a mix of commercial and service tenants including NZ Couriers
• Good street parking directly outside
The property occupies a prominent corner site at Rewi Street and Burgess Street in Te Aroha just a short walk from the town centre. Te Aroha is a rural town in the Waikato Region, situated at the foot of Mt Te Aroha.
The Lines Building offers a perfect opportunity for yield buyers seeking an entry level investment. With flexibility in leases and spaces, this is an easy care property. The owners have called time so are motivated to sell. The property is an affordable entry point investment. Call the SOLE AGENTS today to discuss further.
