1 Hillcrest Street, Tirau, South Waikato

Clean Lines. Clear income.

•Returning $76,278pa+GST and outgoings.
•Single tenant, two leases.
•Prominent corner with dual access.
Positioned on a well-trafficked corner at the southern entrance to Tirau, this neat and functional commercial property offers reliable income and long-term versatility.
Currently returning $76,278pa+GST and outgoings, the building is fully leased to a single operator running a furniture and homewares business. The tenancy spans six individual spaces across two formal lease agreements, providing scale and operational separation while keeping management simple. A third lease to South Waikato District Council covers use of the onsite public toilet facility, adding a supplementary revenue stream.
The building covers approximately 680sqm and sits on a prominent corner site with wide frontage to both Hillcrest Street and State Highway 1. Presentation is sharp, access is practical, and the layout is inherently flexible — well-suited to future multi-tenant use if required, but fully functional as-is.
For now, it's a hands-off investment with a single tenant across all spaces, excluding the public convenience, minimal maintenance requirements, and steady returns. Longer term, the layout and location open the door to a number of leasing strategies in a township known for its character retail, steady foot traffic, and highway visibility.
This is a clean, uncomplicated asset with strong fundamentals and simple execution — ideal for investors looking for smart returns without the noise.