Very affordable office investment


37 Swanston Street, Tokoroa

Asking Price NZD $395,000 + GST (if any)

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Very affordable office investment | 37 Swanston Street, Tokoroa | 2502688 |      X Close
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Description

Very affordable office investment


Land area - 445sqm (more or less)

Building area - 300sqm (approximately)

Current annual net rental - $25,000 + GST & OPEX

Location - Located in the heart of Tokoroa CBD

Offering - Well presented office premises

Opportunity - Suit owner occupier / add value investors

This property comprises a single level commercial office building with an expansive 14 metre frontage, situated on the southern side of Swanston Street in the heart of the Tokoroa CBD. The site enjoys a prominent and profile position on one of the town's busiest thoroughfares and is within close proximity to a number of national brands.

Having been home to a numerous real estate companies over the past 50 plus years, the premises are currently tenanted by Property Brokers Waikato Limited on a month to month basis. They have indicated to the Vendor that they would like to continue with the tenancy until October this year providing vacant possession around that time.

Hence future options for owner occupiers to re-tenant or add value investors to re-lease to either a single tenant or alternatively reconfigure the layout to provide for dual tenancies and create a split risk asset.

An entry level investment that offers a good balance of location, quality office premises and potential rental upside, this is an affordable provincial opportunity for serious investor consideration!

Ryan Bradley

Tauranga

Licensed under the REA Act 2008

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Brendon Bradley

Tauranga

Licensed under the REA Act 2008

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37 Swanston Street, Tokoroa

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Ryan Bradley

Tauranga

Licensed under the REA Act 2008

View profile

Brendon Bradley

Tauranga

Licensed under the REA Act 2008

View profile