Investment with multiple development potential

Tokoroa, South Waikato

$995,000

Proposed Usage
Industrial
Floor Area
1969.00 m²
Description:
Property ID
1c0z4dk

• Four-level solid concrete standalone building located in Tokoroa CBD
• Floor area approx.1910m2, Land area approx. 454m2
• Adjacent to State Highway 1 & 32
• Tokoroa CBD development brings unlimited potentials

This four-level solid concrete standalone building with two titles is prominently located in the heart of the Tokoroa town center - As the timber town - the heart of New Zealand's massive forestry, timber and paper industries, it has the largest settlement in the South Waikato District with 24,200 people calculated in 2017. Population growth averaged 0.8%pa over the last 5 years compared with 1.7%pa in New Zealand. (South Waikato District Annual Economic Profile 2017, 2017)

Located 30km southwest of Rotorua, being midway between Taupo and Hamilton on State Highway One.

At present, Tokoroa has strong demand for motel, medical service provider, retirement village and affordable accommodation, these business uses are permitted under current council rules. Tokoroa Council has been conducting the CBD Upgrade project to attract visitor flows, increase employment for local community.

Opportunities like this rarely come around, call today!

Contact Sole Agent Millie Liang the #1 deal maker with confidence in your preferred English, Mandarin or Cantonese language via millie.liang@bayleys.co.nz or txt +64 21 968 128 or alternatively Wechat:millieliang168 for further information and to arrange an appointment to view.

If the current listing does not meet you leasing or investment requirements, let Millie know your requirements, budget, location and ask her about properties in the process of being listed, available shortly or that owners prefer not to advertise publicly. To quickly view a selection of properties for lease or sale and businesses and franchises for sale by Millie Liang visit: https://goo.gl/7vh0Ss.


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Tokoroa Area