13 Main Road, Te Kauwhata
â¢60% earthquake rating
â¢Income from multiple tenants
â¢Commanding in the street
â¢Consistent residential growth in area
Located in the heart of Te Kauwhata's town centre, this freehold commercial property offers a steady, multi-tenanted investment in a township experiencing consistent residential growth. The property stretches from Main Road through to a secure rear yard, providing practical access and separation between tenancies.
The property is occupied by two tenants: JK Traders, a local grocery and produce store on a new lease in the front retail space, and NZ Post, operating from a three-bay shed for mail sorting and delivery. A separate shed at the back is leased casually on a monthly basis, and an ATM provides additional passive income. The layout suits both retail and service use, with drive-through access from the main street to the rear, making the site functional and easy to manage.
The building presents with a traditional timber façade, full-width glazing, and a covered verandah that fits well within the surrounding streetscape. It holds a seismic rating of 60% NBS (Grade C), providing compliance with current legislation and giving buyers confidence in its structural performance without the need for immediate upgrade work.
Te Kauwhata is a township seeing steady residential growth, which in time will support local business activity. For investors seeking a multi-tenanted commercial holding with a manageable scale, this property offers a mix of income and functionality in a town centre location.
Auction May 22nd 12 pm
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