139 And 139A Main Street, Pahiatua, Tararua

By Negotiation
568m2
Land Area
353m2
Floor Area

+1

139 & 139A Main St, Pahiatua

This property sits proudly on Main Street , with a long standing , stable tenant that services the wider rural community of the area with their services. • Land area 568 m2 • Building area 353 m2 The building comprising of various size office spaces, both individual and open plan, board room, filing room, reception area , staff room and conveniences. It has been well cared for and maintained throughout the tenancy, with any maintenance quickly remedied to maintain a high standard of function and appearance, brick with aluminium joinery to the rear portion of the building. The property has six car parks to the rear of the property, via the rear access lane. A new five year term has just been signed with the tenant, bringing a nett return of $40,000 per year. (All outgoing costs are paid by the Tenant). A further term of five years is available to the tenant, Final expiry date 31st March 2034. This property shows a great return on investment (circa 9.5%) on the asking price. For further information, please call Property Brokers.

139 And 139A Main Street, Pahiatua, Tararua

Web ID

BC181316

Floor area

353m2

Land area

568m2

District rates

$4642.31pa

Regional rates

$231.00pa

LV

$57,000 (139) and $108,000 (139A)

RV

$146,000 (139) and $400,000 ($139A)

By Negotiation
View by appointment

Contact


Garry Doyle

Garry Doyle

027 452 2212

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Property enquiry

Property enquiry for
BC181316

About the location


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Set on Pahiatua's Main Street right on State Highway 2, this commercial property holds a rich history as the long-time home of the local newspaper - The Bush Telegraph. With its prominent location and versatile spaces, it presents a number of opportunities. At the forefront of the building, you'll discover a dedicated office space, garaging is incorporated in the rear of the main building and to the very back is accommodation. The office space is kept warm and cosy with a wood-burner and a heat-pump. There is a reception area, plus two large separate offices. One side of the building is the current home to the old printing press, so has plenty of space. There is an open garaging area, accessed via a roller-door, plus there are two kitchenettes and a toilet. To the rear of the building is a flat with a heat-pump, two bedrooms and a small storage space. For more information and to arrange your viewing, contact us today.

From $229,000 + GST (if any)

Here awaits an investment opportunity to purchase a commercial building on the Main Street of Pahiatua with a long term lease in place - currently leased for $500.00 + GST per week, as well as a separate house with tenants wanting to stay on. The building is large, consisting of two separate retail outlets as well as being self-contained with a three bedroom living quarters above the shop. Located to the rear with its own separate access via Kiwi Street is a four-bedroom home that is currently tenanted for $400 per week. The home has two living areas, two bathrooms, heat pump, and a single garage. This opportunity will suit those looking for their first commercial investment with long term tenants, at close to a 10% return, you need to take a closer look.

Buyers $399,000+

This property sits proudly on Main Street , with a long standing , stable tenant that services the wider rural community of the area with their services. • Land area 568 m2 • Building area 353 m2 The building comprising of various size office spaces, both individual and open plan, board room, filing room, reception area , staff room and conveniences. It has been well cared for and maintained throughout the tenancy, with any maintenance quickly remedied to maintain a high standard of function and appearance, brick with aluminium joinery to the rear portion of the building. The property has six car parks to the rear of the property, via the rear access lane. A new five year term has just been signed with the tenant, bringing a nett return of $40,000 per year. (All outgoing costs are paid by the Tenant). A further term of five years is available to the tenant, Final expiry date 31st March 2034. This property shows a great return on investment (circa 9.5%) on the asking price. For further information, please call Property Brokers.

By Negotiation

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