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Tokoroa

231 Leith Place, Tokoroa, South Waikato

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223sqm Land area SQM
256sqm Floor area

Asking Price NZ$439,000 + GST

 (if any)

Split risk investment with two tenants


Location is the key to this prime Tokoroa CBD site which is positioned in the recently upgraded Leith Place retail precinct fronting State Highway one. This upgrade has revitalized and brought a new vibrancy to the town centre which includes the 'Talking Poles Forest' situated at the Southern end of Leith Place showcasing the best of Tokoroa.

The property comprises a part two level building with two retail ground floor tenants plus first floor mezzanine accommodation for the Southern tenancy which is presently utilised for storage. There are two onsite rear carparks shared between the tenants.

Currently tenanted by Helloworld Travel and Tokoroa Kiwi Takeaways this split risk/entry level investment property provides a rare opportunity to purchase a premium position in the Tokoroa CBD that enjoys some of the highest pedestrian traffic in the town centre. National neighbours include Westpac, Noel Leeming, Unichem Pharmacy, McDonalds and The Warehouse.

Brendon Bradley

Brendon Bradley


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

Ryan Bradley


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

Features

Building area


256sqm part two level Commercial building

Land area


High profile 223sqm CBD site fronting SH1

Location


Sought after Tokoroa CBD location

Opportunity


Affordable provincial investment asset

Rental


Current annual net rental $26,317 + GST