Prominent site in Waiouru

30, Rangipo Street, Waiouru, Ruapehu

$327,000

Proposed Usage
Retail
Floor Area
180.00 m²
Land Area
1927.00 m²
Description:
Property ID
1bzxkkf

Great position on State Highway 1. This 1927m2 property has a 180m2 well known cafe/bakery opposite the National Army Museum in Waiouru.

Possible redevelopment of the site could include a multi-story residential development, that would get you million dollar views of Mount Ruapehu and the Tongariro National Park.

Configured with a kitchen, serving and dining areas, with amenities for diners. Recent refurbishment includes new carpet and vinyl etc.

• 11% plus Return
• Currently tenanted
• 180m2 Cafe/Bakery
• 1927m2 site area.
• Substantial car parking area
• Continuously leased since 2008

Why have your money in the bank? Great buying at this price with long term business tenants in place. This property runs itself, so no need to be hands on, just sit back and watch your investment grow.

Call me today for more information.

Enquire about this property

Waiouru Area