Cashflow positive


104 Normanby Road, Paeroa

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Cashflow positive | 104 Normanby Road, Paeroa | 2311394 |      X Close
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Cashflow positive


This tenanted building is a premium investment in a main road location. The well-known landmark in the heart of Paeroa has been leased to Four Square franchise since 2013. The lease expires in 2031. Occupying an approximate 380sqm footprint, this sound investment returns $57,200 pa + GST/OPEX, making property acquisition look good. Ideal for growing wealth and diversifying capital, it will do much to enhance a portfolio. Located at the intersection of State Highways 2 and 26, Paeroa is Hauraki's central service centre and a busy hub. The celebrated town is not only a midway stop between Auckland, Tauranga, and Rotorua but also the southern gateway to the Coromandel Peninsula and the western gateway to the Bay of Plenty. Three of New Zealand's largest cities - Hamilton, Auckland, and Tauranga - are within 1.5hr drive. Investors chasing a solid passive income, with the promise of further growth, should inspect. Auction 17th September 2020 at Bayleys Hamilton, 96 Ulster Street, Hamilton.

Contact Alex ten Hove on 0275924817 for more information or to arrange a viewing.

104 Normanby Road, Paeroa

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