Positioned in the heart of New Zealand's thriving agricultural sector, this hands-off investment offers a rare opportunity to diversify your earnings beyond the farm. Fully leased to a trusted industry leader with over two decades of continuous tenancy, this property delivers the kind of reliable, long-term returns that smart investors in the rural community value.
The recent renewal in 2024 demonstrates the tenant's commitment to this prime location on State Highway 2, where the property benefits from excellent visibility and dual access. With neighbouring anchors including Mitre 10, New World, and the Pahiatua Medical Centre, this asset sits in a well-established commercial hub. Adding to its appeal, the next rent review is scheduled for 2027, offering potential for increased returns.
Key Investment Highlights:
- Net Rental: $86,975 p.a. + GST (with rent review scheduled for 2027)
- Building: 635sqm premium space on 2,039sqm land
- Construction: High-quality steel and concrete structure with 70% NBS rating
- Lease Term: Recently renewed 3-year lease with same tenant since 2004
This is your chance to establish a solid foundation for future growth with an investment that understands the rhythm of rural New Zealand's economy.
For further information and to obtain copies of supplementary documents, please register your details at:
www.propertyfiles.co.nz/property/52MainStreet
