Bite sized investment


42/46 Main Road, Tirau

Auction

Download Email
Bite sized investment | 42/46 Main Road, Tirau | 814714 |      X Close
Image
Description

Bite sized investment


In the heart of Tirau, renowned as the Corrugated Capital of the world, this tenanted investment on State Highway 1 enjoys a high profile position opposite the famous Big Dog and Sheep I-Site information centre. The Cambridge expressway has had a positive impact on the destination township, with more traffic and increased customers through the doors of local businesses. This 140m2 (approx.) building, which has a cafe as the tenant, returns $21,600pa plus GST and outgoings. The tenant has recently renewed a two-year lease with a further right of two years left. The business presents an attractive street frontage and tidy interiors. Tirau is a must-see attraction that draws a steady stream of visitors throughout the year. It is a major junction in the New Zealand state highway network, and just south of the township is the intersection of State Highway 1 and State Highway 5. Primarily a farming town, in recent years Tirau has begun to exploit the income that comes from being at a major road junction. This investment provides strong and reliable returns in the form of both income and potential capital growth.

Rebecca Bruce

Hamilton

Licensed under the REA Act 2008

View profile

Jason Kong

Hamilton

Licensed under the REA Act 2008

View profile

42/46 Main Road, Tirau

Open in map

Rebecca Bruce

Hamilton

Licensed under the REA Act 2008

View profile

Jason Kong

Hamilton

Licensed under the REA Act 2008

View profile