Prominent site in Waiouru
Great position on state highway one. This 1927m2 property has a 180m2 well known cafe/bakery opposite the National Army Museum in Waiouru.
Possible redevelopment of the site could include a multi-story residential development, that would you million dollar views of Mount Ruapehu and the Tongariro National Park.
Configured with a kitchen, serving and dining areas, with amenities for diners.
Recent refurbishment includes new carpet and vinyl etc.
-11% plus Return
-1927m2 site area.
-Substantial car parking area
-Continuously leased since 2008
Why have your money in the bank? Great buying at this price with long term business tenants in place.
This property runs itself, so need to be hands on, just sit back and watch your investment grow.
Call me today for more information.