- Handy location close to Te Aroha town centre and its amenities
- Currently returning $271,553 pa plus GST & Outgoings (approx.) across three separate buildings
- Plenty of potential upside for a new owner
- Strong seismic NBS rating across the three buildings
- Mix of uses across three buildings, total floor area of 5,433sqm (approx.)
- Three-lot subdivision completed, with individual titles able to be issued upon acceptance of a successful offer, allowing purchasers to tender for the full site or individual lots
- Stable Tenant base with an average tenure of 14 years
- First time this property has been on the market in 20 + years
24 Lawrence Avenue comprises multiple tenancies across three separate buildings. The first title includes the Administration building, a four-level structure providing office and retail space. The second is the Workshop building, a three-level facility accommodating workshop, a full building height 30 tonne crane, and office areas. The third, known as the Lines building, is a single level, garage style premises.
There is a mix of national occupiers including NZ Couriers, Powerco, Pringle Beleski & Associates and telecommunications companies with long standing agreements plus regional operators such as Matamata Piako District Council, The Carpet Doctor and Baptist Union Church.
View the Walkthrough video https://youtu.be/UKLl4Mmikrk
For sale by Deadline Private Treaty closing 4pm, Thursday 9th April 2026