8486 Tirau Street, Putaruru, South Waikato

Fully tenanted investment - solid opportunity

AUCTION BROUGHT FORWARD
Auction 11am, Thursday 7 December at Bayleys, 96 Ulster Street, Hamilton (unless sold prior)

Here is an opportunity to secure yourself a multi-tenanted freehold commercial investment with a residential flat and garage. Situated on a high profile location on State Highway 1 within the township of Putaruru at 84 - 86 Tirau Street.

The property comprises of three retail spaces, one residential flat and a garage. Currently leased to Ma Bakers, and two retailers; Frock Work Orange and Putaruru Variety store. The flat is also leased to the operators of the Bakery. Two of these businesses have been in occupation close to 18 years.

- Fully tenanted returning $49,289.44pa net + GST

- Established anchor tenant with long lease in place

- 529sqm of building (more or less)

- 1,360sqm of land (more or less)

- Excellent location directly neighbouring Countdown, Bridgestone Tyres, PGG Wrightson, AON and Z service station.

An affordable investment opportunity for your first commercial investment or to add to your existing portfolio.