Provincial cracker of a commercial investment


38-42 Princes Street, Putaruru

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Provincial cracker of a commercial investment | 38-42 Princes Street, Putaruru | 814021 |      X Close
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Provincial cracker of a commercial investment


Auction at 11am, Thursday 12 April 2018 at Bayleys, 96 Ulster Street, Hamilton (unless sold prior)

- Freehold land of 1,204sqm (more or less)

- Building EQ of 70% and new addition 100%

- Large building of 1,092sqm (more or less)

- Three year lease five further rights

This well tenanted property is a stand out investment in Putaruru's commercial and retail area.

With a bankable EQ rating, the tenant enjoys nearly 54 metres of road frontage to advertise the Hammer Hardware business.

The lease returns a healthy $60,000pa + GTS/OPEX and has five rights of renewal to ensure they command this freehold property. A great investment that you can expect a solid return.

38-42 Princes Street, Putaruru

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