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Cambridge

39 Shakespeare Street, Cambridge, Waipa

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1,409sqm Land area SQM
1,015sqm Floor area

Asking Price NZ$1,550,000 + GST

 (if any)

Location, outlook and opportunity


•Well established tenant - 22 years
•Net rental $100,000pa + GST and outgoings
•Large high-profile site
•Future redevelopment opportunity
Don't miss out on this rare opportunity to secure a tenanted industrial property in Cambridge. With its prime location, stable rental income, and proven performance, this investment promises financial security and long-term growth potential.
The newly refurbished showroom, reception area and offices provide a warm welcome and the fit for purpose large high span warehouse has met the demands of the current tenant for 22 years.
A 50% NBS rating and an annual return of $100,000pa + GST, this building's size, 1,015sqm (approximately) and strategic commercial location will always appeal to quality tenants and ensures a great asset for wealth generation.
With its substantial landholding of 1,409sqm (approximately) and picturesque views out to the Waikato River, this property presents future redevelopment opportunities for those looking to make a strategic investment.


Willem Brown

Willem Brown


Success Realty Ltd, Bayleys,
Licensed under the REA Act 2008

Features

Floor area


Building size of 1,015sqm (approximately)

Land area


Substantial land area of 1,409sqm (more or less)

Location


Large high profile site

Seismic (NBS rating)


50% NBS rating