â¢Split risk tenanted investment
â¢Well established dental surgery and residential tenant
â¢Currently returning $23,607.14pa + GST and $16,640pa
â¢Highly visible premises on State Highway 1
Prominently positioned and tenant-friendly, this two-level building is a solid, split-risk investment in the heart of Putaruru. Sitting on State Highway 1, the highly visible premises draws a diversified income from commercial and residential tenants. Ground level is occupied by a well-established professional operating a dental practice. Above is a separately accessed two-bedroom flat with a reliable tenant. Annual income includes $23,607.14pa + GST from the commercial premises and $16,640pa in residential rent. The building is immaculate and is flanked by a mini mart and a bakehouse, ensuring high volumes of both foot and vehicle traffic. Strong returns and stability of income make this a secure investment.