PASSIVE INCOME & POTENTIAL (LAND & BUILDINGS)

Web Ref#7724

The location is proven. The established tenant is a go to destination in OLIVERS BAKERY.
Parking is outstanding, both at the frontage and with a public car park across the road.
Look a little closer - Front half returning $22,000 +GST pa, Great tenant with rights of renewal as follows: 1x two year term (2020 - 2022) then two further rights of four years.
The rear portion of the site (approximately 1/2 or more) is not part of the Lease Agreement and is currently not utilized. This area is fully fenced and includes a garage and excellent open space. Development possibilities have not yet been fully explored.
Very difficult to source a commercial site of this size at 888m2 (more or less) on a service lane and this close to the main street.
Good real estate here. Asking Price: $890,000 +GST (if any)

Pete Sheppard
Pete Sheppard
Sales & Marketing
Chris Speedy
Chris Speedy
Sales & Marketing
Tile 1 Image

Looking to Sell?

Get a FREE appraisal from the company that has been selling Whangamata since 1955.

Request Now
Tile 2 Image

Meet Our Team

Meet our experienced salespeople who can help you with all of your real estate needs.

View the team
Tile 3 Image

Property Updates

Register to recieve our weekly property report, this is a great way of keeping you informed of the current market.

Register Now
Tile 4 Image

Rentals

At Whangamata Real Estate we have a dedicated Property Management Team whose knowledge and expercience will help you to reduce risk and manage your rental investment efficiently - saving you time and money. 

Find out more