Commercial
More from realestate.co.nz:
Agents News

Two for the price of one investment

44 Ruataniwha Street, Waipukurau

Retail Property
dollar

$240,000 Plus GST (if any)

Floor area
200m2
Land area
444m2
Covered park
4
On this page:

Map

Property details

Listing # WU24573 | Listed on 3 March

Investors take note! This is prime real estate country, right on the main street, right in the middle of town, with 2 separate shops, both currently leased.
The smaller side has a new cake shop, which has just opened and looks very cute inside with a freshly redecorated serving and seating area, plus the kitchen, and staff facilities out the back.
The large side has a well-established hairdresser/beauticians, with lots of spaces and rooms behind the main salon.
The property backs on the service lane and also offers lots of parking at the rear of the building.
Yes it does have a low NBS rating, and is yellow-stickered, but good news, the vendors have commissioned a detailed engineers report, which will be available to purchasers, and also have a council letter dated 18.2.2025 which gives an additional 4 year extension on the deadline to complete any remedial seismic work.
This gives the new owner plenty of time, until 15th March 2032 to decide which direction to take with seismic work, while they enjoy the benefit of collecting the rent.

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