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Vendor Says SELL – All Offers Considered!

227/227-289 Mannering Street, Tokoroa

Retail Property
dollar

Negotiation

Floor area
1000m2
Land area
1153m2
Title type
Freehold
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Map

Property details

Listing # CBC101860 | Listed on 6 August
  • 1000m² landholding spanning an entire block
  • 1150m² of versatile retail and office space
  • Two established tenants + one high-quality vacant tenancy
  • Two titles – available individually or together

This substantial commercial asset presents a rare opportunity to acquire a full-block site in the heart of Tokoroa, offering multiple income streams and strong future upside.
Currently leased to Waikato Bedding and Body Focus Gym, the property generates a net annual return of $45,000. The third tenancy - recently refurbished to a high standard and formerly occupied by the Ministry of Social Development - will be vacated on 23 November 2025, unlocking immediate potential to boost returns with a new occupant.
With its commanding land area, central location, and flexible configuration, the property is ideally suited for investors, owner-occupiers, or developers seeking value-add potential through refurbishment or redevelopment.

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