Cut your teeth on this!

59 Swanston Street , Tokoroa

Asking Price NZD $280,000 + GST (if any)

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Cut your teeth on this! | 59 Swanston Street , Tokoroa | 2500508 |      X Close

Cut your teeth on this!

- Land area: 467sqm

- Building area: 360sqm lettable area

- Tenancy 1: New 3 Year lease from April 2019 net rental $15,200 + GST

- Tenancy 2: Add value opportunity in vacant rear office tenancy

The property comprises a conventional single storey building design which includes specific medical clinic style accommodation on the fringe of the Tokoroa CBD. This dental business has a long and proven trading history in these premises and has recently commenced a new three year lease in April 2019 with further rights of renewal. The vacant tenancy to the rear would benefit from a renovation to modernise the decor and has the potential to net a further $10,000 - $12,000 as a commercial office or clinic. This property has been priced to sell, take advantage of this affordable investment opportunity which will most certainly out perform current bank returns! Call today for more information.