Heart of Gold Industrial Opportunity
16 & 23, Bradford Street & Victoria Street, Waihi, Hauraki
- Proposed Usage
- Floor Area
- 372.00 m²
- Property ID
Asking price plus GST (if any).
Auction 11am, Thursday 29th June 2017 at Bayleys, 96 Ulster Street, Hamilton (unless sold prior)
- Two adjoining titles - corner site
- Redevelopment options
- Industrial zoning
- Strong holding income
- Sale will be GST inclusive
Situated on the corner of Bradford and Victoria Streets, Waihi, this large industrial site on two titles offers an excellent holding income. Currently there are two residential tenancies returning $36,400 pa plus an industrial tenancy of $19,300 pa.
Located in Waihi's industrial zone, the property offers owner occupiers and/or developers a multitude of opportunities for future development to maximise the potential the combined properties have to offer.
Waihi is located on State Highway 2, approximately 60kms North of Tauranga and 150kms to Auckland. With its access to two of New Zealand's major ports, Waihi offers an extremely affordable option for new and existing business opportunities.
The property is fully tenanted to residential/industrial tenants returning $55,700pa gross. Full tenancy details are available on request.