Fizzing for development


10 Taylor Avenue, Paeroa

Asking Price NZD $495,000 + GST (if any)

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Fizzing for development | 10 Taylor Avenue, Paeroa | 2311248 |      X Close
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Fizzing for development


Located in the heart of Paeroa, 10 Taylor Avenue offers a prime development opportunity with substantial holding income.

The considerable 4,131sqm (more or less) site is currently leased to "Bunnings Limited" returning circa $38,000+GST/OPEX with "18 months" remaining on their term allowing the new owner an income while exploring redevelopment or to re-purpose the property to suit their own needs or re-tenant.

The large 477sqm (more or less) main retail building as well as the sizable yard lends itself to a number of use options.

With several national brand tenants nearby including Farm Source, Farmlands and the world famous in New Zealand L&P Cafe, the area is a popular and sought after location.

Paeroa is currently experiencing substantial growth with large investment in multiple housing and age care developments supported by the nearby Kerepehi industrial development, it is easy to see why people are looking to invest in the town.

Josh Smith

Hamilton

Licensed under the REA Act 2008

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10 Taylor Avenue, Paeroa

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Josh Smith

Hamilton

Licensed under the REA Act 2008

View profile