24 Swanston Street, Tokoroa, South Waikato

Bite sized income earner!

- 212sqm site / 175sqm buildings
- Two established retail tenancies
- Central location in heart of town centre
- Split risk investment for security
- Annual net rental $21,031 + GST
- 8% yield on asking price

The property comprises two separate adjacent retail premises with the front corner shop having had a history of food use over the years and is currently tenanted by Greenhope Sushi who have occupied since 2013. The other tenancy fronting Swanston Street is leased to a long established hair salon business with the premises having been purpose built for this activity in the 1970's.

An entry level investment property that offers a good balance of location, split risk tenancies and an attractive income earner in the Tokoroa CBD. This is an affordable tenanted investment opportunity that will provide good cash flow and a generous provincial yield that is bound to be far better than current bank returns!