79 Ashworth Street, Tokoroa, South Waikato

Develop, invest or occupy

•480sqm (approx.) floor area
•1,482sqm (approx.) land area
•High profile site on SHWY 1
•New three year lease in place
•High stud warehouse and security fencing
Exceptional street appeal, quality location and ideal land size for development make this investment hard to pass up. State Highway 1 traffic runs right past the front gate of this high profile property. Tidy offices with attached workshop and a high stud warehouse with roller door access provides multi-use opportunity. Exposed to both north and southbound traffic travelling to and from Taupo and greater Waikato regions, the corner property sees an average daily 7,118 vehicles pass by. Tokoroa is a well-frequented refueling spot, a popular break stop for travelers and a recreational destination for mountain bikers, anglers and water activities. Fast food giants, The Warehouse and Institute of Technology attract large volumes to the neighbourhood, close to the central retail precinct. A substantial 480sqm (approx.) building occupies the 1,482sqm (approx.) sealed yard with parking and security fencing. Given that the present owner, Kevin McGovern Motors has signed a new three year lease back at $36,000pa + GST and OPEX (with one (1) ROR of three (3) years), the property has enormous developer, investor or a future owner-occupier appeal.