101 Rora Street, Te Kuiti, Waitomo

Prized corner investment opportunity

•High profile corner location
•Strong rural community
•$33K net rental return
•Earthquake strengthened to 100%
In the heart of the King Country, prominently situated on the high-profile corner of Rora and King Streets, the 100% earthquake strengthened building houses ANZ bank. Currently returning $33,413.50 +GST/OPEX providing a hands-off easy-care investment suitable for investors at any level. Corner locations in any rural town are in high demand and are favoured by tenants for their high profile and visibility giving any future purchaser comfort in the uncertain times of bank tenants.
Most well known as the shearing capital of the world and the hometown of Colin Meads, Te Kuiti and the greater King Country have much to offer. Upheld by strong pastoral farming and forestry industries, the region is supported by a number of events and activities including shearing contests, sheep races, the nearby Waitomo caves and more, ensuring this is an ideal addition to any portfolio.
Floor area: 350sqm (more or less)
Land area: 316sqm (more or less)