• High profile, large freehold site of 2,614sqm (more or less) on State Highway 1
• Eight-year lease term remaining to national brand tenant with rights of renewal until 2044
• Returning $132,000pa plus GST and outgoings
• Bottom-drawer, hassle-free investment opportunity
• Surplus land offers the potential for future development and to add value
Located at the northern end of Tirau with exposure to State Highway 1, 43-49 Main Road encompasses an expansive 2,614sqm (more or less) fee simple corner site across two titles.
Strategic in its locality, Tirau continues to be the half way point from Auckland to the main centres of Tauranga, Rotorua and Taupo. Over the years the township has become a common stop for travellers heading to other parts of the North Island.
With a long term lease in place, Caltex occupies the majority of the site while a large portion of land remains ripe for future development. Passive investments in a such a strategic location should not be missed.
*boundary lines are indicative only
For further information, please contact the SOLE agents
Tony Chaudhary
021 995 121
tony.chaudhary@bayleys.co.nz
Janak Darji
021 047 1290
janak.darji@bayleys.co.nz
Josh Smith
027 229 8865
josh.smith@bayleys.co.nz