Commercial
More from realestate.co.nz:
Agents News

8% APPROX GROSS POTENTIAL RETURN

59 Main Road, Tuatapere

Retail Property
dollar

Asking Price $385,000 Plus GST (if any)

Floor area
220m2
Land area
2023m2
On this page:

Map

Property details

Listing # L28087268 | Listed on 24 May 2024

Investment Opportunity - Freehold Buildings and Land Only (Business not for sale - leased to established tenant)
8% approx gross potential return - with the bonus of future capital gain.
PLUS Great business tenant
PLUS Great location
PLUS Solid rental return
PLUS Long-term development potential

This iconic takeaway premises includes a 3-bedroom home at the rear and sits on a generous 2023m² section with great views and wide street frontage. The property offers excellent exposure on the Southern Scenic Route, close to the Humpridge Track - a popular route for tourists and locals alike.

What's included:
• Established takeaway shop with a secure lease in place
• Attached 3-bedroom accommodation
• Commercial kitchen with near-new chattels
• Storage areas and double garage
• Off-street parking and easy access
• Large section with room to develop further (subject to consent)

Whether you're looking for a solid return now or a site with future potential, this is an opportunity worth exploring.

Contact Robert Orchard today for further details.

Your notes
Add notes for your personal reference. This can only be seen by you.
Contact the agent
Name  (required)
Email  (required)
Phone
I'd like to enquire about:
Your message
A young family with pets illustration