- Rental of $72,500 plus GST per annum (Gross)
- Multi-year lease to Government tenant
- Prime, tightly held Cambridge location
- Recently renewed lease
Secure a quality tenanted investment in the heart of Cambridge, one of the Waikato's most sought-after and tightly held commercial markets. The property is leased to a Government tenant and benefits from a recently renewed lease, reflecting the tenant's ongoing commitment to the premises.
The tenant has occupied the building since 2011 and has invested in a quality internal fit-out, further demonstrating its long-term commitment to the property, while additional rights of renewal provide the potential for ongoing occupancy and reliable income.
Returning a gross annual rental of $72,500 plus GST, with a current net income of circa $57,691 plus GST per annum, the property occupies a freehold 401sqm (more or less) site in Cambridge's thriving town centre. Surrounded by established businesses and benefiting from strong pedestrian activity, the property enjoys a prominent position within one of the Waikato's strongest provincial commercial markets.
Whether you are seeking an entry-level commercial investment or a quality addition to an existing portfolio. Investments of this calibre in Cambridge are tightly held and rarely available, making this a compelling opportunity for investors seeking secure income and long-term capital growth.
Contact Luke ten Hove or Willem Brown today for further information or to arrange a private viewing