34 Belmont Road, Paeroa, Hauraki

Sunny days ahead

Situated on the prominent corner of Belmont Road and Hall Street in the heart of Paeroa, 34 Belmont Road offers its tenant Sunny's substantial profile along the busy State Highway 2.
Currently leased with an initial term of three years returning $45,000+GST/OPEX plus an additional two rights of six year renewals. This well-situated property comprises approximately 560sqm (more or less) of prime corner retail space and additional storage sheds at the rear. Featuring excellent glass frontages along both streets an open plan shop interior and staff facilities, this is an investment that will brighten your day.
With strong projected growth in the wake of multiple housing and aged care developments being announced, and its key central location between Auckland, Hamilton and Tauranga, now is the perfect time to invest in this thriving world famous in New Zealand town.
Property details:
Land area 769sqm (more or less)
Floor area 560sqm (more or less)
Zoning Commercial (8A)
Tenancy details
RMP Traders Limited
Commencement 1 October 2019
Rights of renewal 2 x 6 years
Rental $45,000 pa +GST/OPEX