Rental returns plus space to further develop


30 Rangipo Street, Waiouru

Asking Price NZD $240,000 + GST (if any)

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Rental returns plus space to further develop | 30 Rangipo Street, Waiouru | 2900078 |      X Close
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Rental returns plus space to further develop


Situated on a 1,927sqm site on State Highway 1 opposite the Army museum, this is the first eatery as you enter Waiouru from the south. Currently leased and operated as a bakery/cafe with tenants willing to stay. They would also consider an early end to their tenancy for a new owner operator to establish their business. The current rent including outgoings yields approximately 10 percent.

The building is 168sqm and contains a dining/serving area, kitchen, chiller, and back office. There are separate toilets for customers and for staff. With the large section there is space for future development. Currently there is plenty of parking space for customers.

Waiouru has thousands of vehicles passing everyday and is a frequent stop for travelers and hungry truckies. It is the gateway to the Ruapehu and Taupo regions from the south. Ruapehu tourism is booming with visitor numbers on the rise and property prices have been buoyant.

This could be your entry level commercial investment or an affordable extra to your portfolio.

Contact me for further information.

Wayne Frewen

Ruapehu

Licensed under the REA Act 2008

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30 Rangipo Street, Waiouru

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Wayne Frewen

Ruapehu

Licensed under the REA Act 2008

View profile