Bayleys Real Estate Ltd
Residential
Commercial
Rural
Property Services
News and EditorialLive Auctions

Morrinsville

25 Allen Street, Morrinsville, Matamata-Piako

Watchlist
Share
Sold
Slide 1 of 8
1 OF 8
2310689_1.jpg
2310689_2.jpg
2310689_1.jpg
2310689_2.jpg
2310689_1.jpg
2310689_2.jpg
828sqm Floor area
5,025sqm Land area SQM

Auction

(unless sold prior)

Hold or develop, the choice is yours


On offer is 5,024sqm (more or less) of commercially zoned land with an 828sqm (more or less) office building currently occupied by multiple tenants.
Returning circa $95,000 pa net and the opportunity to tenant vacant space one could see a potential net return of up to $120,000 pa net offering a substantial holding income for one of Morrinsville's largest pieces of commercially zoned land to come to the market.
25 Allen Street offers numerous opportunities from capitialising on the large land holding, redeveloping offices attracting high end tenants, to continuing as a hands on investor.
The property is ideally situated close to Hamilton and the main arterial routes between Auckland and Tauranga, allowing easy access to all the major centres in the region.
25 Allen Street offers a split risk investment with multiple add value opportunities.

Auction
(unless sold prior)

96 Ulster Street, Hamilton

26

Sep

Time11am
Calander
Calendar
Josh Smith

Josh Smith


Success Realty Ltd, Bayleys,
Licensed under the REA Act 2008

Features

Split


risk with add value

Strong


provincial town

Substantial


land holding