Add Value or Owner Occupy!
213, Rosebery Street, Tokaora, South Taranaki
Price On Application
- Proposed Usage
- Floor Area
- 404.00 m²
- Land Area
- 445.00 m²
- Property ID
- 444m2 site / 404m2 building
- One long established cafe tenancy
- One vacant retail or office premises
- Split risk / dual tenancy options
- Central location in the heart of the town centre
- Potential annual net rental $38,000 + GST
The property comprises a well presented single level, medium sized building with a B Grade seismic rating for peace of mind. The site enjoys very good pedestrian traffic being in an established retail / office precinct and is situated within close proximity to the Tokoroa Post Office and major trading banks.
Split into two tenancies, the cafe occupying the smaller northern shop has had a 22 year trading history here whilst the larger southern premises comprising an area of approx 280m2 is currently vacant which may well suit an owner occupier or add value investor!
Located in the heart of the Tokoroa CBD, this is an affordable investment opportunity that has the potential to produce good cash flow and dual income earning streams in the future!