Excellent location, high profile tenant


30 State Highway 1, Waiouru

Offers/Enquiries Over NZD $190,000 + GST (if any)

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Excellent location, high profile tenant | 30 State Highway 1, Waiouru | 2900136 |      X Close
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Excellent location, high profile tenant


This is a muti-income site in the center of the desert oasis, Waiouru.

It consists of two income earning options, the front food retail space which is currently tenanted until April 2021, and the tenant has option to renew. One of the two rear spaces has just been tenanted as well.

The rear of the building consists of two adjourning warehouse/workshop spaces which are possibly suitable for storage or a distribution hub or a small business to operate from. It contains an office area of approximately 12sqm and a bathroom/toilet. There is easy access to each space, a medium sized truck can reverse down the right-of-way next to the building.

Set on two titles, consisting of 692sqm, more or less of land and 300sqm of combined building space.

This property is located on State Highway 1 and is the stop-off for travellers, outdoor enthusiasts visiting the central North Island as well as hungry soldiers on the Waiouru army base.

The gross yield for the retail space alone is approximately nine percent based on a selling price of $190,000.

Contact me now for more information, this is the stand-out commercial investment in Waiouru.

Wayne Frewen

Ruapehu

Licensed under the REA Act 2008

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30 State Highway 1, Waiouru

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Wayne Frewen

Ruapehu

Licensed under the REA Act 2008

View profile