69 Rora Street, Te Kuiti, Waitomo

Be bold or hold

• Substantial land offering
• Holding income while exploring options
• Potential for upside
• Dual access

69 Rora Street sits on a freehold site of 1,421sqm (more or less) of commercially zoned land within the CBD. Currently tenanted on month-by-month tenancies, the potential exists for a bold investor to negotiate new leases and fill vacant space to increase revenue. Likewise, one could sit on this and receive a holding income in the interim while development options are explored.

Te Kuiti is a strong rural community with a farming backbone and local heroes such as "Pine tree Meads" underpinning this King Country town. A central service point for many in the area, Te Kuiti is home to many national brands, with recent development being undertaken to meet demand.