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Taumarunui

29 Miriama Street, Taumarunui, Ruapehu

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4,007sqm Land area SQM
1,050sqm Floor area

Proven tenant, reliable return


•$74,860pa+GST & outgoings income
•Single master lease in place
•45% IEP rating
•Strong King Country service town
29 Miriama Street, Taumarunui, presents a dependable commercial holding in the heart of a strong King Country service town. The property generates $74,860pa + GST and outgoings under a single master lease, providing certainty of income and straightforward management. For those seeking a reliable return without the day-to-day work, this property delivers steady performance at an accessible scale.
Fronting Miriama Street, the building has strong visibility with tenant branding and a practical layout suited for retail or service use. Rear access and off-street parking add to its functionality, while an IEP rating of 45% NBS ensures compliance today and offers scope to add value in the future.
Taumarunui continues to play a vital role as a rural hub, supporting farming and lifestyle communities throughout the King Country. Its position on State Highway 4 ensures steady local demand alongside regular flow-through traffic.
For regional investors wanting a secure, set-and-forget income stream in a proven rural town, 29 Miriama Street is a sound opportunity.

Auction
(unless sold prior)

1030 Victoria Street, Hamilton

30
Oct

Time2pm
Calander
Calendar
Josh Smith

Josh Smith

Commercial and Industrial Sales and Leasing

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

Features

Anchor tenants


The property generates $74,860pa+GST and outgoings under a single master lease, providing certainty of income and straightforward management.

Location


Dependable commercial holding in the heart of a strong king country service town. Its position on State Highway 4 ensures steady local demand alongside regular flow-through traffic.

Accessibility


Rear access and off-street parking add to its functionality.

Opportunity


For regional investors wanting a secure, set-and-forget income stream in a proven rural town, 29 Miriama Street is a sound opportunity.

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