Gull on a 10 year lease - High yield opportunity

Tokoroa, South Waikato

Price On Application

Proposed Usage
Retail
Floor Area
410.00 m²
Land Area
2130.00 m²
Description:
Property ID
1bpywtq

- Fee Simple Investment with assured rent growth
- Ten year lease to Gull
- Additional income source from Workshop / Shop and residential house (one tenancy)
- Returning a combined income of approximately $86,000pa + GST & Outgoings
- Land Area 2,130sqm (more or less)
- Floor Area 410sqm (more or less)

The property is located on State Highway 1 between Kinleith and Taupo / Rotorua. The property is also in close proximity to the juncture of State Highway 1 & 30 which leads into Rotorua. With this in mind the property is a service centre for ongoing traffic.

The site consists of a retail shop, forecourt canopy, workshop and residential house.

With a 10 year lease term to Gull and a sizable land holding of 2,130sqm, high yielding
opportunities of this nature should be capitalised upon.

Contact the listing agent for further information. .

Enquire about this property

Tokoroa Area