Situated in the vibrant Waikato town of Paeroa, this commercial property occupies a commanding position on the main street—State Highway 2—the key arterial route connecting Auckland and Tauranga. With high visibility and consistent foot traffic, it’s perfectly positioned in the centre of town. The current tenant renewed their lease in November 2024, with the term running through to 2027, plus a further 2-year right of renewal.
Current rental: $17,500 + GST + OPEX per annum.
Solid, character-rich premises originally built in the 1920s, with a 2003 rear extension
Seismic Assessment: Initial report shows 25% NBS (longitudinal) and 15% NBS (transverse)
The longstanding tenant provides essential services to Paeroa and the surrounding district, including:
-Kiwibank Services
-NZ Post and Post Boxes
-Stationery & Giftware
-Knitting and Wool Supplies
-Photocopying Services
This is a rare opportunity to secure a tenanted investment in a key Waikato township, offering a reliable income stream and a prime central location.
For further information or to arrange a viewing, please contact Rhys Carmichael on 027 522 0031.
Please note: Viewings are strictly during business hours.