Passive investment with development upside


Hawera

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Passive investment with development upside | Hawera | 2600197 |      X Close
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Passive investment with development upside


Seldom does an opportunity to purchase a significant land holding of this size, in this location come available. Positioned in the popular Manawapou Road, this 1.1084 hectare property offers a multitude of options to astute investors and developers alike. The property has a combined net rental of $67,000pa +GST with a long term lease is in place for the childcare centre buildings, while the learning centre building is leased on a short term basis.

Located approximately one kilometre south west of the Hawera CBD and a one hour drive from New Plymouth city.

The residential subdivision potential on offer here is obvious, coupled with the return the existing improvements provide, make this a very exciting opportunity.

Call now for more information.

*Red boundary line is indicative only