This property presents an outstanding commercial investment opportunity in the heart of Waimate. Strategically positioned within the CBD, it benefits from flexible mixed-use zoning that supports a range of commercial and light industrial activities, enhancing its long-term utility and investment appeal.
Held by the same owners for over 35 years, the property has been meticulously maintained and developed, reflecting genuine pride of ownership. This enduring ownership and tenancy history underpin a proven record of stability and performance.
The improvements include a character main building of Edwardian styling, carefully upgraded and maintained over the years, complemented by a modern 2012-built structure providing garaging and storage facilities.
Together, they sit on a generous freehold landholding across two titles, offering scale and flexibility in a central setting. The property is fully leased to a respected anchor tenant under long-term arrangements, providing secure, reliable income with minimal relocation risk due to the tenant’s operational fit and established local presence.
This investment combines a prime CBD Waimate location, low-risk tenant, and strong underlying land value, making it a compelling passive investment in a growing regional centre.