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Proven tenant, reliable return

29 Miriama Street, Taumarunui

Retail Property
gavel

Auction

Floor area
1050m2
Land area
4007m2
On this page:

Auction

Thursday
2:00pm
1030 Victoria Street, Hamilton
30
Oct

Map

Property details

Listing # 2630144 | Listed on 26 September

•$74,860pa+GST & outgoings income
•Single master lease in place
•45% IEP rating
•Strong King Country service town
29 Miriama Street, Taumarunui, presents a dependable commercial holding in the heart of a strong King Country service town. The property generates $74,860pa + GST and outgoings under a single master lease, providing certainty of income and straightforward management. For those seeking a reliable return without the day-to-day work, this property delivers steady performance at an accessible scale.
Fronting Miriama Street, the building has strong visibility with tenant branding and a practical layout suited for retail or service use. Rear access and off-street parking add to its functionality, while an IEP rating of 45% NBS ensures compliance today and offers scope to add value in the future.
Taumarunui continues to play a vital role as a rural hub, supporting farming and lifestyle communities throughout the King Country. Its position on State Highway 4 ensures steady local demand alongside regular flow-through traffic.
For regional investors wanting a secure, set-and-forget income stream in a proven rural town, 29 Miriama Street is a sound opportunity.

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