Investment Property in Waiouru

30, State Highway 1, Waiouru, Ruapehu

By Negotiation

Proposed Usage
Development Site
Floor Area
300.00 m²
Land Area
692.00 m²
Description:
Property ID
1c1yy7y

Commercial Land and Building with high quality tenant in place.

This central Waiouru property on the main highway is on two separate titles both of which are for sale. There is a large building with Subway leasing the front section facing the State Highway. There is a current lease in place with this quality tenant. There is also a casual tenant renting the rear storage space with options to secure a lease arrangement if desired. There is plenty of space for storage or to develop other business opportunities. There is a public access way down the north side of the building with a grassed area at the rear property which is under a separate title. With motivated vendors ready to move on, this is an investment property already showing a strong return, and it has potential to develop further.

Price by Negotiation.
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Waiouru Area