2 Alexandra Street, Te Awamutu, Waipa

Immaculate central premises

•New three (3) year lease
•Seismic 50% NBS
•Prize location on main thoroughfare
•Established tenant returning $53,000pa + GST

In the heart of Te Awamutu's retail precinct, this immaculate and much-admired commercial property is tenanted by a thriving, well-run local business. There is a new three (3) year lease in place and the net annual income is $53,0000pa + GST. With no seismic strengthening required, the 217sqm (approx.) building is future-proofed for a hands-off investor.

There is parking and a loading bay at the rear and well-established businesses in the immediate vicinity. Situated opposite the town's old post office, the prized location is highly sought-after and so too is the business, which specialises in homeware, gifts and decor. The tenant is loyal to their community and their well-patronised and immaculately presented store is a shopping magnet that adds vibrancy to the bustling Waikato town.

Call today for further information or to arrange an inspection.