52-54 King Street, Whakatāne, Whakatāne

A healthy multi-tenanted investment

A well-positioned commercial offering in the tightly held Kopeopeo suburban shopping district. Nestled on a 943sqm (more or less) site with street frontage and great exposure. A service lane runs the rear of the property allowing for easy access.
Located on a main feeder road the property benefits from large levels of traffic flow and a high-density population of residential surroundings.
Strong tenancy and rental continuity, consisting of two well established tenants with a net annual income of $85,044 +GST to the owner, with the added value of a vacant two bedroom retro apartment to add to current rental stream.
With its prime location and potential, this is a property worthy of your attention. Investment gems like these are highly sought and rarely come to market, move quickly to secure this property as it wont last long!

Location
52-54 King Street is located within the well-established shopping precinct of Kopeopeo, located on a main feeder road and benefiting from large levels of traffic.
The Eastern Bay of Plenty regions popularity is attributed to lifestyle factors such as superb climate and some of the highest sunshine hours in New Zealand whilst Whakatane is an extremely popular holiday and tourist destination over the summer season.