• $119,000 pa +GST/OPEX
• Multiple tenancies
• Prime corner location
• State Highway Frontage
This iconic property positioned at the intersection of Seymour Street, Taylor Avenue and State Highway 2 will get you fizzing with excitement.
The approximately 445sqm building which has undergone significant upgrades comprises three tenancies, Paeroa's L&P Cafe, Bar and Brasserie returning circa $54,000+GST/OPEX and Flooring Design returning $40,000+GST/OPEX currently occupy while a third tenancy to Globox digital billboard presently being erected provides a return of $25,000+GST.
Front and centre of the high profile 2,546sqm (more or less) site on one of the main arterial lines between Auckland and Tauranga is one of the two instantly recognisable 6m tall replica L&P bottles in the thriving town, with tenancies able to take advantage of the significant land area providing ample off street parking for customers and photo ops alike.
With its high profile location, substantial land holding at the entrance to the busy CBD and multiple tenancies to split the risk, 2 Seymour Street, Paeroa is the ideal property to add to any investment portfolio.