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Tirau

1 Hillcrest Street, Tirau, South Waikato

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1,543sqm Land area SQM
680sqm Floor area

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.

Auction
(unless sold prior)

96 Ulster Street, Hamilton

14
Aug

Time12pm
Calander
Calendar
Josh Smith

Josh Smith

Commercial and Industrial Sales and Leasing

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

Willem Brown

Commercial and Industrial Sales and Leasing

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

Features

Anchor tenants


Currently returning $76,278pa+GST and outgoings, the building is fully leased to a single operator running a furniture and homewares business.

Location


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.

Floor area details


680sqm (approximately) buildings.

Prime frontage


The building covers approximately 680sqm and sits on a prominent corner site with wide frontage to both Hillcrest Street and State Highway 1.

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