142 Whitaker Street, Te Aroha, Matamata-Piako

By Negotiation

329m2

Land Area

270m2

Floor Area

+1

Investment Opportunity

Looking for your first commercial property investment? Here's your opportunity to secure an affordable investment with immediate returns. This entry-level commercial property comes with a tenant already in place, providing rental income from settlement day. Whether you're starting your investment portfolio or adding to an existing one, opportunities like this in Te Aroha are hard to find. Contact Alan Copeman today on 021 874 222 to arrange your viewing.

142 Whitaker Street, Te Aroha, Matamata-Piako

Web ID

CBC231779

Floor area

270m2

Land area

329m2

LV

$225,000

RV

$355,000

By Negotiation
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Alan Copeman

Alan Copeman

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CBC231779

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CBC231779

Looking for your first commercial property investment? Here's your opportunity to secure an affordable investment with immediate returns. This entry-level commercial property comes with a tenant already in place, providing rental income from settlement day. Whether you're starting your investment portfolio or adding to an existing one, opportunities like this in Te Aroha are hard to find. Contact Alan Copeman today on 021 874 222 to arrange your viewing.

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Positioned in the heart of Te Aroha's vibrant commercial precinct, this substantial freehold land and buildings opportunity offers investors the chance to secure a well-located asset in one of the Waikato's most charming and popular townships. Framed by the stunning backdrop of Te Aroha Mountain and benefiting from excellent exposure on the town's main street, this is an investment that combines visibility, location, and established income. Occupying a generous 674sqm (more or less) freehold site, the property features an impressive 580sqm (more or less) building, providing substantial commercial floor area in a highly accessible location, with two road frontages and the potential to increase the leasing income or develop further the vacant part of the building. Fronting Whitaker Street, the property is tenanted by the well-known Te Aroha Bakery & Cafe, an established local business operating under a lease commencing March 2024. The current term extends for four years, with two further rights of renewal of three years each, providing security of tenure and continuity of income. Returning $25,220 per annum plus GST, the existing lease provides an immediate income stream, making this an attractive proposition for investors seeking a commercial asset with established cash flow and future potential. Property Highlights: • Freehold title of 674sqm (more or less) • Substantial 580sqm building (more or less) • Prominent main street location with excellent exposure • Established tenant - Te Aroha Bakery & Cafe • Returning $25,220 per annum plus GST • Four-year lease commencing March 2024 • Two rights of renewal of three years each • Popular and growing township location • Attractive investment with future potential Secure a strategic main street holding with established income and become part of a thriving provincial community that continues to attract visitors, businesses, and investment alike. Sale is inclusive of GST.

By Negotiation
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Looking for your first step into commercial property investment? This affordable commercial property comes with an existing tenant already in place, bringing instant rental income from day one. Whether you’re a first-time investor or looking to diversify, this is a rare chance to secure an entry level investment in Te Aroha. Call today - Tony Wakelin 021 569 299 or Alan Copeman 021 874 222 Plus GST (if any)

$250,000 + GST (if any)

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  • All interested potential purchases should conduct their own due diligence, and obtain and rely on their own documents and legal/specialist advice as required from a person/company of their choosing.
  • Any purchase decisions are made entirely on reference of potential purchasers own judgement and they have satisfied themselves on all aspects of the property independently. Such decisions have not been made upon reference of the documents received in the Information Files supplied by Property Brokers.
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