227-289 Mannering Street, Tokoroa, South Waikato

By Negotiation
746m2
Land Area
1,000m2
Floor Area

+2

Huge Upside Potential – Motivated Vendor!

•1000m² of retail and office space •Anchored by long-term tenant Waikato Bedding •400m² (approx.) of vacant retail space ready for occupation Available individually or as a combined offering with 227 Mannering Street Positioned in a high-profile location in Tokoroa’s CBD, this commercial asset offers strong holding income and genuine upside. Waikato Bedding, a long-standing tenant, currently returns $36,000 p.a., providing immediate cashflow. Adjoining this is a 310m² vacant tenancy, presenting opportunity to increase returns. This property offers flexibility, income, and future potential - ideal for investors, owner-occupiers, or developers seeking value-add opportunities in a central location. Contact us today for further details or to arrange your inspection.

227-289 Mannering Street, Tokoroa, South Waikato

Web ID

CBC215460

Floor area

1,000m2

Land area

746m2

District rates

$16,294.29pa

Regional rates

$875.91pa

LV

$360,000

RV

$1,660,000

By Negotiation
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Tony Wakelin

Tony Wakelin

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CBC215460

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• 1000m² landholding spanning an entire block • 1150m² of versatile retail and office space • Two established tenants + one high-quality vacant tenancy • Two titles – available individually or together This substantial commercial asset presents a rare opportunity to acquire a full-block site in the heart of Tokoroa, offering multiple income streams and strong future upside. Currently leased to Waikato Bedding and Body Focus Gym, the property generates a net annual return of $45,000. The third tenancy - recently refurbished to a high standard and formerly occupied by the Ministry of Social Development - will be vacated on 23 November 2025, unlocking immediate potential to boost returns with a new occupant. With its commanding land area, central location, and flexible configuration, the property is ideally suited for investors, owner-occupiers, or developers seeking value-add potential through refurbishment or redevelopment.

By Negotiation
CBC215469

•Approx 400m² of versatile retail space •Adjoins long-standing Waikato Bedding tenancy •Flexible layout – ideal for retail, showroom, or service use Positioned in the heart of Tokoroa’s Commercial zone and adjoining the well-established Waikato Bedding store. Ready for immediate occupation, the tenancy features a generous open-plan layout with scope to tailor the fitout to suit a range of uses. Whether you're expanding, relocating, or launching a new venture, this site delivers both visibility and flexibility. Call today to arrange an inspection

By Negotiation

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