Strong Provincial Income Earner!

- 1,702sqm site / 883sqm building
- Split risk multi tenanted investment
- High profile corner with excellent exposure
- Close proximity to SH1 and town centre
- Annual net rental $51,217 + GST

The property comprises a modern, well presented single level building that provides both functional workshop and showroom space together with associated office facilities and amenities. There is good onsite parking out the front of each tenancy.

Two of the three trade tenancies have had long established tenure in the premises with Sign Magic Company, having occupied since February 2011 and Steve Norman Plumbing since April 2013. The third tenant, regional business Total Tyre Solutions commenced their lease in November 2014 and have just renewed.

Positioned on a high profile corner, the site enjoys excellent exposure to large local traffic volumes together with ease of access to State Highway 1 and the Tokoroa CBD.

This is an affordable opportunity to purchase a split risk light industrial investment that is fully tenanted and a proven income earner which may well return a new owner a generous provincial yield!