Commercial

The best corner in town!

203-209 Leith Place, Tokoroa

Retail Property
dollar

Negotiation

Floor area
1292m²
Land area
881m²
Title type
Freehold

Map

Property description

Listing # 2503293|Listed on 7 July 2023
  • Prime location in Tokoroa CBD with profile to State Highway 1
  • Split risk asset with multiple tenancies and future rental upside
  • Suit add-value investors looking for a project with good holding income

This property commands superb street presence on the corner of Leith Place and Bridge Street in the heart of the Tokoroa CBD. It comprises three ground floor tenancies plus a large first floor premises wrapping around a high-profile corner with visibility to State Highway One.

Long term tenants Westpac and Paterson Burn Optometrist have a long trading history at the building while opportunity presents for a new tenant in this year when the Ministry of Health vacate the 322sqm (approximately) premises they have used as a vaccination hub.

Savvy investors will recognise the upside this property presents given its prime location and the opportunity to strengthen the building (currently C-grade) to meet national tenant expectations. First time to market in over 30 years, there can only be one property that commands the best position in the Tokoroa CBD and this is it!

Your notesYour notes
Success Realty Ltd (Licensed: REAA 2008) - Bayleys, Tauranga

Ryan Bradley

Success Realty Ltd (Licensed: REAA 2008) - Bayleys, Tauranga
84 active listings
Success Realty Ltd (Licensed: REAA 2008) - Bayleys, Tauranga

Brendon Bradley

Branch Manager | Success Realty Ltd (Licensed: REAA 2008) - Bayleys, Tauranga
101 active listings

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