30 Alexandra Street, Te Awamutu, Waipa

Add value on Alexandra

•Anchor tenant with regional profile
•Well presented with dual tenants
•Returning $105,100 pa +GST/OPEX
•Exposure with main street location

With anchor tenant Heathcotes appliances in situ since 1992, 30 Alexandra Street offers a prominent location in the heart of Te Awamutu's CBD with a reputable regional tenant. The building is split across two levels with the lower-level home to “Joy's place” offering a bar, bistro and pokies.

30 Alexandra Street is being offered to the market with a 22% IEP rating of new building standards. The vendor has owned the property since 1983 and has indicated they will meet the market as at their stage of life they feel new blood is needed to keep this building trading for the years to come.

With a solid income of $105,100pa +GST/OPEX all that is needed is for the new owners to set their yield return taking into account future works on the property.

Call to find out more about 30 Alexandra Street, Te Awamutu.