Unit 227, 227-289 Mannering Street, Tokoroa, South Waikato

By Negotiation
1,153m2
Land Area
1,000m2
Floor Area

+8

+7

Vendor Says SELL – All Offers Considered!

• 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.

Unit 227, 227-289 Mannering Street, Tokoroa, South Waikato

Web ID

CBC101860

Floor area

1,000m2

Land area

1,153m2

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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CBC101860

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By Negotiation

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