Great Entry Level Investment


46 George Street, Tuakau

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Great Entry Level Investment | 46 George Street, Tuakau | 1903512 |      X Close
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Great Entry Level Investment


•Returning $26,394

•Add value opportunity

•Central Tuakau location

•Tuakau on the verge of unprecedented growth

A mixed use property consisting of two commercial spaces on the ground floor and a residential unit above. This opportunity should instantly appeal to many. On the ground floor one space is currently vacant with the other occupied by Century 21 Real Estate. Upstairs is a tenanted three bedroom apartment. On the ground floor Shop A is currently vacant and an area of 45.5sqm (mol) with shared toilet and kitchen. A street frontage of 3.7m and parking at the rear for 2 vehicles. Shop B is tenanted by Century 21 with a lease expiry of 31 July 2022 and an area of 43sqm (mol) and two carparks at the rear. The apartment above also has two carparks at the rear.

Tuakau is a rural service town located on the fringe between Auckland and Waikato regions. Tuakau has become increasingly popular as a lifestyle location with affordable housing options and is commutable to main business districts in Auckland and Hamilton. Tuakau has a ready labour force and is within the Waikato District Council and is a sister town to Pukekohe.

The current income from the property is $26,394 per year, with the vacant space assessed at around $8,000 + GST per year. This is a great entry level opportunity if new to commercial property investment or is a great addition to an existing portfolio so don't delay.

For further information please contact Shane or Mike today.

Shane Snijder

Pukekohe

Licensed under the REA Act 2008

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Mike Hook

Pukekohe

Licensed under the REA Act 2008

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46 George Street, Tuakau

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Shane Snijder

Pukekohe

Licensed under the REA Act 2008

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Mike Hook

Pukekohe

Licensed under the REA Act 2008

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