118 Main Street, Pahiatua, Tararua

From $355,000 + GST (if any)

263m2

Land Area

246m2

Floor Area

+11

+10

High profile location - 100 percent NBS

118 Main Street, Pahiatua, presents a rare opportunity to secure a high-profile property in an exceptional location, located on the corners of Main Street and Mangahao Road making it one of the most visible commercial properties in Pahiatua. The 246m2 (more or less) property sits on a 263m2 section (more or less) was once the site of Pahiatua's ANZ Bank and during that time underwent engineering assessments and construction giving it an enviable NBS score of 100%! Currently the building brings in two incomes, one from AON and the other via the ANZ money machine. However, AON are on the move with their lease expiring in the May of 2027 and with that my vendor has elected to sell. The property is ideally suited to an owner-occupier looking to benefit from holding income from money machine lease and the potential that brings with part of the building, or an investor seeking to lease the entire property and maximise returns. Rarely do we see a property of this nature come to market, benefiting from exceptional profile and exposure from its prominent position. Call now to arrange a viewing.

118 Main Street, Pahiatua, Tararua

Web ID

PC231949

Floor area

246m2

Land area

263m2

District rates

$4,888.53pa

Regional rates

$520.79pa

LV

$95,000

RV

$530,000

From $355,000 + GST (if any)
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Patrick Baker

Patrick Baker

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PC231949

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PC231949

118 Main Street, Pahiatua, presents a rare opportunity to secure a high-profile property in an exceptional location, located on the corners of Main Street and Mangahao Road making it one of the most visible commercial properties in Pahiatua. The 246m2 (more or less) property sits on a 263m2 section (more or less) was once the site of Pahiatua's ANZ Bank and during that time underwent engineering assessments and construction giving it an enviable NBS score of 100%! Currently the building brings in two incomes, one from AON and the other via the ANZ money machine. However, AON are on the move with their lease expiring in the May of 2027 and with that my vendor has elected to sell. The property is ideally suited to an owner-occupier looking to benefit from holding income from money machine lease and the potential that brings with part of the building, or an investor seeking to lease the entire property and maximise returns. Rarely do we see a property of this nature come to market, benefiting from exceptional profile and exposure from its prominent position. Call now to arrange a viewing.

From $355,000 + GST (if any)
DC183130

Take advantage of this highly visible main street property located on State Highway 2. Offering a unique opportunity with vacant possession, this property is ripe for development. Built around 1911, it stands on 523m2 (approx) of land with a substantial 550m2 floor area, providing ample space for future projects. Though the building has been designated as earthquake prone, its location and potential make it an ideal candidate for redevelopment. The 2023 rating valuation is $133,000 presenting a cost-effective entry into a prime area. Situated in a position that ensures maximum visibility and foot traffic, this property is surplus to requirements, and the owner is motivated to sell. Whether you are looking to invest, develop, or repurpose, this location offers endless possibilities. Dont miss out on this chance to secure a property with excellent future potential in a key area.

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Welcome to an outstanding building and business investment opportunity in the heart of Pahiatua's commercial precinct. This meticulously maintained commercial property offers investors both a secure building asset but also the established business operating within it. The building boasts an impressive 82% NBS (New Building Standard) seismic rating, designating it as a Category A building, providing confidence in its structural integrity, safety, and long-term durability. The property is currently configured with three separate leases, featuring reputable tenants including The Bookshop, New Zealand Post, and BNZ. These well-known and trusted brands enhance the building's profile while providing a reliable and diversified income stream. Each tenancy occupies a thoughtfully designed space tailored to its operational needs, supporting successful and long-standing business activity. Positioned in a high-profile location with excellent visibility, the property benefits from strong pedestrian exposure and convenient accessibility. Rear access to the site and dedicated staff parking further enhance its functionality for tenants and visitors alike. Adding to the appeal, is being your own boss with owning and operating the existing business within the building trading as The Bookshop, presenting buyers with the flexibility to secure both a strategic property investment and an established commercial operation. The Bookshop is a well-known and loved business in the local community. It has a very loyal customer base brought in by established brands like Kiwibank, Lotto and NZ Post helping to accentuate the thriving flower business, stationary and book sales. This is an opportunity to secure your future, to strengthen your portfolio, offer stability, profile, and future potential in a well regarded commercial location.

From $685,000 + GST (if any)

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