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Prime Cambridge Corner with Two Tenants

57 Shakespeare Street, Cambridge

Investment Opportunities
dollar

$4,190,000 Plus GST (if any)

Floor area
1089m2
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Map

Property details

Listing # 67034397 | Listed on 16 May

Two national brand, established, and recession proof tenants, on long term leases. Vetora was established in 1942 with 12 sites throughout the central North Island. The Liquorland brand is owned by Foodstuffs, with 173 stores nationwide, this being the only one in Cambridge.

Both tenants are committed to this site by way of lease tenure and fitout investment. The property has an 80% seismic rating (2025 report), and benefits from the massive corner site exposure and dual entry/exit points.

A combination of rent review mechanisms ensures capital growth in this recently refurbished building. All this on a high-profile freehold corner site in booming Cambridge.


Features:

  • Returning a combined $249,610pa net
  • National Brand tenants – Liquorland and Vetora
  • Freehold corner site
  • Recession proof tenants
  • 80% seismic rating (2025 report)


More information: https://www.colliers.co.nz/p-NZL67034397

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