24 - 38 Croad Place, Tokoroa, South Waikato
$370,000
2,437m2
+2
+1
Three sections sold as one
Three freehold titles to be sold altogether. • 24-26 Croad Place: Lot 17 - 813 square meters (more or less) • 28-32 Croad Place: Lot 16 - 812 square meters (more or less) • 34-38 Croad Place:: Lot 15 - 812 square meters (more or less). Located on the outskirts of the CBD surrounded by other established commercial businesses these sections are ready for a developer or an established growing business looking for more land to build and develop on. The location of the three sections is a major advantage as it is near State Highway 1 allowing easy access for large commercial stock and other goods. Tokoroa is located in the heart of the North Island within 40 to 60 minutes distance from Rotorua, Taupo, Tauranga and Hamilton making this a huge advantage for commercial and industrial business. The vendor's want these sections sold and the asking price reflects their motivation. For more information contact us today.
24 - 38 Croad Place, Tokoroa, South Waikato
Web ID
TOC222307
Land area
2,437m2
District rates
$2,338.53 PA
Regional rates
$259.03 PA
LV
$270,000
RV
$270,000
$370,000
Print property flyer
View by appointment
Contact
Property enquiry
About the location
You might also like
Looking for a secure, high-yield property investment in the heart of Tokoroa? This is your opportunity to acquire an easy office building with long-term, stable tenants already in place, ensuring immediate income from day one. You could pick this beauty up with an ROI of over 9%. Graham Brown & Co Chartered Accountant have been tenants of this property since December 2014, with current lease running until February 2029. Property Highlights: Location Advantage: Situated in a prime Tokoroa commercial precinct, offering excellent visibility, easy access to SH1, and proximity to local businesses and civic amenities. Long-Term Tenancy: Fully leased to reliable multi office accounting firm, providing predictable, low-risk cash flow over the coming years. Solid Returns: Enjoy steady rental income backed by long standing tenant. Market Rent Reviews every two years. Modern Infrastructure: The building features contemporary office layouts – spacious reception, five offices and a board room, staff kitchen and two toilets. Some staff parking to the rear and ample street parking on the road. The building benefits from a central air conditioning system. Opportunities like this don’t come around often. Secure a Tokoroa office building with guaranteed income and strong reliable tenants. Contact us today to arrange a confidential inspection or to receive further property information. Make your next strategic investment a worry-free one!
By Negotiation
• 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
•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.
By Negotiation
Request for information files
