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2,304sqmย Land area SQM
5ย Bedrooms
3ย Bathrooms
1ย Parking

Auction

Mixed Use Investment Opportunity


Here's an excellent opportunity to secure this high profile commercial and residential property investment fronting State Highway 3 in the heart of the Waikato. \nThe property offers a three year lease trading under the ever popular Wild Thyme Cafe which includes a well-appointed two bedroom auxiliary apartment plus the added bonus of a separate renovated three bedroom tenanted dwelling. \nThe tenants and clients enjoy magnificent elevated views over the surrounding countryside and including Mounts Pirongia and Kakepuku. \nThe cafe, which has an approximate floor area of 172sqm in total, has seating for 48 inside and 36 outside. The upstairs two bedroom apartment has both internal access from the cafe and external access. The apartment has a semi open plan kitchen and living area with separate toilet and bathroom. The detached three bedroom home has an open plan layout with separate bathroom, toilet and laundry. It has a single basement garage. The property is held in one freehold title being 2,304sqm more or less.\nThe property's car park entrance is off Thompson Road which allows easy access for tenants and clients from both northern and southern directions. This location is central to the village of Ohaupo (6.7km north) and Te Awamutu (5.5km south) and is the main commuter route linking Te Awamutu to Hamilton. Average daily traffic count is estimated to be in excess of 10,000 vehicles per day and there are excellent off road car parking spaces.\nIf you are considering a commercial investment to add to your residential portfolio this property offers the best of both worlds and the potential for attractive returns and split risk. \nPhone for more information or to arrange a viewing or simply call in and try the coffee and experience the food. You will not be disappointed.\n

Auction

96 Ulster Street, Hamilton

27

Oct

Time11am
Calander
Calendar
Sharon Evans AREINZ

Sharon Evans AREINZ


Success Realty Ltd, Bayleys,
Licensed under the REA Act 2008
Blair Hutcheson

Blair Hutcheson


Success Realty Ltd, Bayleys,
Licensed under the REA Act 2008

Features

Apartment


Two bedroom apartment above cafe

Commercial


Wild Thyme Cafe

Dwelling


Three bedroom tenanted dwelling

Land Area


2,304 square metres more or less

Location


Centrally located between Te Awamutu and Ohaupo

Profile


High profile site fronting State Highway 3

Setting


Magnificent elevated views across surrounding countryside