Bite Sized Income Earner!

24, Swanston Street, Tokoroa, South Waikato

By Negotiation

Proposed Usage
Development Site
Floor Area
180.00 m²
Description:
Property ID
1bzjby9

Asking price plus GST (if any).
- 212m2 site / 175m2 buildings
- Two established retail tenancies
- Central location in heart of town centre
- Split risk investment for security
- Annual net rental $19,119 + GST

The property comprises two separate adjacent retail premises with the front corner shop having had a history of food use over the years and is currently tenanted by Greenhope Sushi who have occupied since 2013. The other tenancy fronting Swanston Street is leased to a long established hair salon business with the premises having been purpose built for this activity in the 1970's.

This is an entry level investment property that offers a good balance of location, split risk tenancies and an attractive income earner in the Tokoroa CBD. This is an affordable tenanted investment opportunity that will provide good cash flow and a generous provincial yield that is bound to be far better than current bank returns!

Download Property Files including:
Information Memorandum - 24 Swanston Street, Tokoroa.pdf
Please visit http://www.propertyfiles.co.nz/property/2301747

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Tokoroa Area